165 Myrtle StreetMyrtleford VIC 3737
Property Details for 165 Myrtle St, Myrtleford
Last Listing description (February 2015)
RETURN ON INVESTMENT
Ideal superannuation investment opportunity! This smart, air conditioned showroom is currently leased as a retail outlet for tiles and timber flooring. With a floor area of approx 160 m2, it incorporates some storage area, and staff amenities inc. kitchen/meals room and Male/Female toilets. It enjoys outstanding exposure to the Great Alpine Rd in the heart of the Myrtleford township with expansive floor to ceiling glazing to the frontage. The rear yard is security fenced with side access for deliveries, and there is a new Colorbond steel lock up shed for additional secure bulky storage. The current 3 x 3 x 3 lease has two years of the first term to run @$400/week (ex. GST). Taking into account some allowance for stamp duty, this represents a return of approx. 8%. Phone Ray White Myrtleford for further details.
Property History for 165 Myrtle St, Myrtleford, VIC 3737
- 31 May 2022Sold for $537,000
- 06 Mar 2015Sold for $258,500
- 23 Feb 2015Listed for Sale $250,000
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0About Myrtleford 3737
The size of Myrtleford is approximately 80.5 square kilometres. There are 15 parks, covering nearly 15.2% of the total area. The population of Myrtleford in 2016 was 3193 people. By 2021 the population was 3285 showing a population growth of 2.9% in the area during that time. The predominant age group in Myrtleford is 60-69 years. Households in Myrtleford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Myrtleford work in a trades occupation.In 2021, 73.20% of the homes in Myrtleford were owner-occupied compared with 70.90% in 2016.
Myrtleford has 2,237 properties. Over the last 5 years, Houses in Myrtleford have seen a 60.59% increase in median value, while Units have seen a 44.31% increase. As at 31 May 2026:
- The median value for Houses in Myrtleford is $674,876 while the median value for Units is $522,866.
- Houses have a median rent of $460 while Units have a median rent of $340.
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