94 North Lake Rd, Myaree is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 775m2.
Outstanding opportunity to redevelop this level and rectangular shaped 774 m2 block with 17.1m frontage zoned residential R40.
The existing brick and tile home is currently leased for $380.00 per week until December 2016 to excellent tenants.
Perfect to develop three homes now or simply land bank for future investment or super fund.
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 1,403 properties. Over the last 5 years, Houses in Myaree have seen a 66.06% increase in median value, while Units have seen a 63.68% increase. As at 31 August 2024:
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