Located within the strong Derwent Park precinct just off the busy Derwent Park Road this property combines both commercial and residential accommodation. The residence is currently leased and the warehouse has been occupied as a builders base and yard. The 3 bedroom residence provides modest but serviceable accommodation and the warehouse of 120m approximately is fully self-contained with secured access. The warehouse is available on a vacant possession basis. Zoned light industrial the property provides a great option for a tradie with the ability to develop the site of 612m at a later date.
FOR SALE BY OFFER OVER $380,000.00
The size of Derwent Park is approximately 1.7 square kilometres. It has 3 parks covering nearly 5.4% of total area. The population of Derwent Park in 2011 was 619 people. By 2016 the population was 644 showing a population growth of 4.0% in the area during that time. The predominant age group in Derwent Park is 30-39 years. Households in Derwent Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derwent Park work in a community and personal service occupation. In 2011, 54.6% of the homes in Derwent Park were owner-occupied compared with 60.1% in 2016.
Derwent Park has 629 properties. Over the last 5 years, Houses in Derwent Park have seen a 38.26% increase in median value, while Units have seen a 49.48% increase. As at 31 October 2024:
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