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Residential & Commercial Opportunity awaits!
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: 20.3M
VIEWING BY APPOINTMENT ONLY DURING BUSINESS HOURS
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 63 North Lake Road, Myaree is a four bedroom, two bathroom house sold by Shobana Patrick at Ross & Galloway Property on 24 Mar 2023.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Myaree or see other recently sold properties in Myaree.
Cost breakdown
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Council rates: $4,443 / year
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Water rates: $1,817 / year
Nearby schools
Myaree overview
Prior to 1954, the suburb now named Myaree was part of Melville until the Melville Road Board acquired land and planning for an urban residential area in conjunction with an industrial area. The name, Myaree, which is an Aboriginal word meaning 'foliage', was suggested and street names were chosen commemorating men of the district who died on active service in the first world war and old residents who had played an active part in the development of the area.
Life in Myaree
Myaree is home to a retail hub along Leach Highway which includes many major retail outlets and public transport, providing a short journey to Fremantle and Perth City. Other features include seven reserves and parks such as Marmion Reserve, a sporting space with it's own lake with walking path.
Myaree quick stats
High end
$1.2m
Median
$988k
Low end
$740k
7.9 %
Annual growth
$988k
Annual median sales price
$862pw
Annual median rental price
