63 North Lake Rd, Myaree is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 915m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
FIRST TIME ON MARKET IN 40 YEARS! Step up to own this rare offering with multiple uses for commercial and/or residential occupation/construction. The existing home has been converted for commercial office use and offers 4 dedicated bedrooms, 1 bathroom + 2nd bathroom currently converted to office space (plumbing available to be re-converted to 2nd bathroom), central kitchen and living and dining rooms, multiple storage rooms, Ducted Reverse Cycle Air conditioning, Bore reticulation and a 2 Car Tandem Garage. - Current Lease annual return is $52,000 (last reviewed in 2014) + ALL out goings incl of Land Tax, Water & Council Rates, General & Garden upkeep & maintenance, and Electricity, Gas & Water consumption- Expected Annual return $60,000- ZONING: Centre C4, allows for commercial purposes ranging from Convenient Stores and Consulting Rooms, to Liquor Stores. - R-CODE: R40- LAND AREA: 916sqm- FRONTAGE: 20.12M; REAR: 20.3MVIEWING BY APPOINTMENT ONLY DURING BUSINESS HOURS
The size of Myaree is approximately 1.3 square kilometres. It has 10 parks covering nearly 7.4% of total area. The population of Myaree in 2011 was 1,896 people. By 2016 the population was 1,944 showing a population growth of 2.5% in the area during that time. The predominant age group in Myaree is 40-49 years. Households in Myaree are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Myaree work in a professional occupation. In 2011, 72.9% of the homes in Myaree were owner-occupied compared with 73.5% in 2016.
Myaree has 1,402 properties. Over the last 5 years, Houses in Myaree have seen a 68.93% increase in median value, while Units have seen a 62.81% increase. As at 31 October 2024:
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