Taranto RoadMyalup WA 6220
Property Details for Lot 24 Taranto Rd, Myalup
Last Listing description (July 2020)
A great opportunity to secure this 40ha site. Situated between coastal towns of Binningup & Myalup, only 90 minutes south of Perth. Adjacent to the Myalup Road House on Forrest Highway, this property also has frontage to Taranto Road & Tredrea Place. Zoned General Farming, this property has a current lease for sand extraction, showing a steady income and has just commenced a long-term lease for Miami Bakehouse in the prominent corner location opposite the roadhouse. Ideal investment with two income steams plus opportunity for further development.
Dont delay, enquire today!
- 40.0248 ha (98.86 acres)
- Zoned General Farming
- Market gardening, sand & limestone extraction nearby
- Minutes to beach, shops, brewery, wineries and golf courses
- Current lease for sand extraction
- Current lease for Miami Bakehouse
Property Code: 9279
Property History for Lot 24 Taranto Rd, Myalup, WA 6220
- 28 Aug 2020Sold for $1,600,000
- 10 Jan 2018Listed for Sale Not Disclosed
- 07 Aug 2003Sold for $335,000
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0About Myalup 6220
The size of Myalup is approximately 184.6 square kilometres. It has 4 parks covering nearly 39.6% of total area. The population of Myalup in 2011 was 399 people. By 2016 the population was 371 showing a population decline of 7.0% in the area during that time. The predominant age group in Myalup is 50-59 years. Households in Myalup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Myalup work in a managers occupation. In 2011, 53.5% of the homes in Myalup were owner-occupied compared with 64.6% in 2016.
Myalup has 472 properties. Over the last 5 years, Houses in Myalup have seen a 72.85% increase in median value, while Units have seen a 272.58% increase. As at 31 October 2024:
- The median value for Houses in Myalup is $655,012 while the median value for Units is $305,062.
- Houses have a median rent of $260.
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