High Exposure Commercial Premises. Located in the heart of Kalbar and consisting of 3 individual shops with good tenants in place. Showing excellent rental returns this could work well in the rental portfolio. Historical building and sitting on 845M2 opportunities like this only come up once in a blue moon. Realistically priced at $595000.
The size of Kalbar is approximately 31.7 square kilometres. The population of Kalbar in 2011 was 993 people. By 2016 the population was 1,101 showing a population growth of 10.9% in the area during that time. The predominant age group in Kalbar is 0-9 years. Households in Kalbar are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kalbar work in a labourer occupation. In 2011, 76.5% of the homes in Kalbar were owner-occupied compared with 76.1% in 2016.
Kalbar has 723 properties. Over the last 5 years, Houses in Kalbar have seen a 121.27% increase in median value, while Units have seen a -70.74% decrease. As at 31 October 2024:
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