5-7 Yarra Lane, Rockville is a bedroom, bathroom Unit. The property has a land size of 928m2.
Floor area - 226m2 comprising 146m2 of brand new air conditioned office fit out + 80m2 warehouse area and 143m2 of mezzanine offices. 5.2m roller door, 3 phase power, 10 pair telstra cable for phone and data, town + tank water, loads of windows for natural lighting + 4 sheets of suntuff. Sliding glass door to 40m2 outdoor area. Fully insulated roof. The Ground Floor is disabled compliant with wide doors and low light switches and disabled toilet facility, kitchenette.
This is a fully fenced property, with double lock up gates to secure the 3133m2 compound. There are 22 shared off street car parks with room for semi-trailer access. A few minutes drive to the CBD with sensational views over town.
Currently leased for $43,000pa - showing an approximate nett 8% return.
The size of Rockville is approximately 1.9 square kilometres. It has 8 parks covering nearly 4.6% of total area. The population of Rockville in 2011 was 3,263 people. By 2016 the population was 3,234 showing a population decline of 0.9% in the area during that time. The predominant age group in Rockville is 20-29 years. Households in Rockville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rockville work in a trades occupation. In 2011, 59.8% of the homes in Rockville were owner-occupied compared with 58.3% in 2016.
Rockville has 1,578 properties. Over the last 5 years, Houses in Rockville have seen a 101.62% increase in median value, while Units have seen a 98.93% increase. As at 31 October 2024:
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