Industrially zoned and currently leased till 2025 with 3x3 year options and a net yield of approx. 10.5% makes for a perfect investment. The Property is situated in a high profile position on the corner of Davis and Ryan Roads.
Features:
Site Area: 2099m2, Zoned Industrial
The size of Ryan is approximately 1.6 square kilometres. It has 6 parks covering nearly 9.1% of total area. The population of Ryan in 2011 was 1,450 people. By 2016 the population was 156 showing a population decline of 89.2% in the area during that time. The predominant age group in Ryan is 40-49 years. Households in Ryan are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ryan work in a machinery operators and drivers occupation. In 2011, 49.4% of the homes in Ryan were owner-occupied compared with 60% in 2016..
Ryan has 165 properties. Over the last 5 years, Houses in Ryan have seen a 101.67% increase in median value. As at 31 October 2024:
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