Discover the potential of this 1,017m property, perfectly situated on the main street of Yarloop. The site currently features a small shop, constructed in 1950, which is in need of attention or potential removal. This presents a unique opportunity to breathe new life into the space or redevelop it to suit modern needs and preferences.
With its prominent location on the main street, this property benefits from high visibility and foot traffic, making it an attractive option for a range of residential or mixed-use projects. The zoning is "shop", offering the flexibility to transform the property into a dynamic space that complements the local community.
Disclaimer whilst every care has been taken in the preparation of this advertisement and the approximate outgoings, all information supplied by the seller and the sellers agent is provided in good faith. Prospective purchasers are encouraged to make their own enquiries to satisfy themselves on all pertinent matters. Images are for illustrative purposes.
The size of Yarloop is approximately 92.3 square kilometres. It has 10 parks covering nearly 0.7% of total area. The population of Yarloop in 2011 was 482 people. By 2016 the population was 391 showing a population decline of 18.9% in the area during that time. The predominant age group in Yarloop is 60-69 years. Households in Yarloop are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Yarloop work in a managers occupation. In 2011, 45.3% of the homes in Yarloop were owner-occupied compared with 68.3% in 2016.
Yarloop has 566 properties. Over the last 5 years, Houses in Yarloop have seen a 86.20% increase in median value, while Units have seen a 305.48% increase. As at 31 October 2024:
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