Burgess Rawson are proud to offer to market 93 Norma Road, Myaree. Located on one of the best streets in Myaree this freehold property offers a buyer an amazing opportunity to secure this leased investment bringing in a total of $102,846paRent:Unit 1Term Ending: May 2024 + 5 years optionUnit 2 Rent: $48,400pa + GST + OutgoingsUnit 2Term Ending: May 2022 + 5 years optionRent: $54,466pa + GST + OutgoingsThe Property Features- Strong Guarantees- Excellent Exposure- Flexible Layouts- Great Access- Good ParkingAsking Price$1,550,000 Going ConcernTo inspect or further information please contact the selling agent.
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 2016 was 1945 people. By 2021 the population was 2105 showing a population growth of 8.2% 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 2021, 76.80% of the homes in Myaree were owner-occupied compared with 73.50% in 2016.
Myaree has 1,437 properties. Over the last 5 years, Houses in Myaree have seen a 107.58% increase in median value, while Units have seen a 79.70% increase. As at 31 December 2025:
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