COMPACT OFFICE/CONSULTING ROOMS 147 M2* FORMER BANK ON LAND 355 M2* WITH HOLDING INCOME
The property is located in Royal Park some 13 km from the CBD. The improvements sit on land of 355 sqm with a frontage to Tapleys Hill Road of 12.19m*. It comprises open plan office (former banking chamber) of 147 sqm incorporating open plan office, safe, meeting room, kitchen/lunchroom and separate male and female amenities.
There is reverse cycle air conditioning, security, disabled access, good floor coverings throughout and rear car parking. This versatile property would suit a variety of uses (subject to usual consents).
The size of Royal Park is approximately 1.6 square kilometres. There are 6 parks, covering nearly 5.7% of the total area. The population of Royal Park in 2016 was 2967 people. By 2021 the population was 3453 showing a population growth of 16.4% in the area during that time. The predominant age group in Royal Park is 30-39 years. Households in Royal Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Royal Park work in a professional occupation.In 2021, 66.80% of the homes in Royal Park were owner-occupied compared with 66.30% in 2016.
Royal Park has 1,905 properties. Over the last 5 years, Houses in Royal Park have seen a 87.29% increase in median value, while Units have seen a 91.45% increase. As at 31 May 2026:
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