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Mixed-use Property

37 Parer Road

Airport West VIC 3042, Australia

3 Bedrooms
1 Bathrooms
1 Parking
1861 m² Land size
- Internal area

About this property

yardizepropertyrecord

37 Parer Road is in Airport West, VIC and is presented as a Mixed Use with 3 bedrooms, 1 bathroom, 1 parking space, land size of 1,861 m². The address combines residential and commercial uses; the residential component is recorded as 3 bedrooms and 1 bathroom; the commercial side includes Dancescape and Music Among Friends Airport West.

A mixed‑use property at 37 Parer Road, Airport West, featuring a 2‑3 bedroom residential dwelling on a ~1.86 ha block with on‑site dance, music and ballet studios Price: $1.1 M–$1.6 M (estimated). The estimated market value is $1,399,250 and the estimated weekly rent is $582 per week

Key details

Locality
Airport West
State
VIC
Coordinates
37.72024148 / 144.88738459
GNAF PID
GAVIC410727951
Legal parcel ID
1163\LP9053
Remoteness area
Metro
Property type
Mixed Use
Land size
1861 m²
Internal area
-
Internet
FTTP NBN
Mobile coverage
5G
Flood risk
Present
Land Use Category
Mixed Use

Commercial property information

Dancescape
Dance studio
Arts & Entertainment Dance & performing‑arts studio
Verified at this address

Address listed on business contact page and business directory/Yelp listings.

Provides dance classes and performing‑arts education.
Website
http://dancescape.com.au
Reviews

Average rating 5 from over 1 reviews.

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Music Among Friends Airport West
Music lessons
Education Music teaching / community music group
Verified at this address

business directory panel shows the venue at this address.

Provides music lessons and community music sessions.
Reviews

Average rating 5 from over 15 reviews.

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Kinderballet
Ballet classes
Education Children's ballet school
Verified at this address

Class listings specify the address as 37 Parer Road.

Offers trial and regular ballet classes for children.
Website
https://www.kinderballet.com.au
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Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$582
Expected property value
$1,399,250
Estimated yield
2.16%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
2 May 2013
Title transferred
——

Rental history

EventDateWeekly rent
Lease
7 Nov 2016
$977
Lease
14 Oct 2016
$51,000 / year
$51,000
Lease
16 Jul 2013
(price not disclosed)
—

Property insights

Building profile

  • A mixed‑use property at 37 Parer Road, Airport West, featuring a 2‑3 bedroom residential dwelling on a ~1.86 ha block with on‑site dance, music and ballet studios

Property Features

  • Large parcel with flood overlay: Approximately 1.86 ha block; flood management planning controls apply
  • Mixed‑use with on‑site service businesses: Dance studio, music lessons and ballet classes operate from the address
  • Strong rental yield potential: Estimated residential rent $540–$560 pw; historical commercial rent up to $977 pw

Real Estate Agencies

Ordered by:
Nelson Alexander - Keilor East
Jellis Craig Northern - BRUNSWICK
Eview Real Estate
VICPROP BRUNSWICK, COBURG & RESERVOIR
Ray White - Craigieburn
WHITEFOX Northside - CARLTON
Woodards - Essendon
Ray White - Taylors Lakes
Ray White - Gladstone Park
Ray White - Sunbury
Ray White - Pascoe Vale
Raine & Horne - Sunbury
Moonee Valley Real Estate - Avondale Heights
Ray White - Melton
MATTHEWS. - MOONEE VALLEY
YPA Gladstone Park - GLADSTONE PARK
Frank Dowling Real Estate - Essendon
Jason Real Estate - Tullamarine
HPG ESTATE AGENTS - AIRPORT WEST
OBrien Real Estate - Sydenham
BigginScott Moonee Ponds
Living Victoria Pty Ltd
Nicole Gervasi Property Group
Outlook Property Group - Brunswick
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
St Christopher's School
0.8 km
Primary school | Catholic
Essendon Keilor College - Essendon Campus
4.1 km
Secondary school | Government
Niddrie Primary School
1.5 km
Primary school | Government
Tullamarine Primary School
2.0 km
Primary school | Government
Penleigh and Essendon Grammar School (Senior School)
2.0 km
Secondary school | Independent
Oak Park Primary School
2.5 km
Primary school | Government
Keilor Heights Primary School
2.6 km
Primary school | Government
Glenroy West Primary School
2.6 km
Primary school | Government
St John Bosco's School
2.6 km
Primary school | Independent
Essendon Keilor College - Essendon Campus
4.1 km
Secondary school | Government
Strathmore North Primary School
2.6 km
Primary school | Government
Essendon North Primary School
2.7 km
Primary school | Government
School of the Good Shepherd
3.0 km
Primary school | Independent
Rosehill Secondary College
3.0 km
Secondary school | Government
St Bernard's College
3.2 km
Secondary school | Catholic
Buckley Park College
3.2 km
Secondary school | Government
Gladstone Park Secondary College
3.5 km
Secondary school | Government
Glenroy Secondary College
3.9 km
Secondary school | Government
Essendon Keilor College - Essendon Campus
4.1 km
Secondary school | Government
Strathmore Secondary College
4.1 km
Secondary school | Government
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

37 Parer Road is described with 3 bedrooms, 1 bathroom, 1 parking space, land size of 1,861 m²

What suburb is 37 Parer Road located in?

The address is in Airport West, a Melbourne suburb situated about 12 km north‑west of the central business district

En.wikipedia.org
How far is the nearest tram stop from 37 Parer Road?

The closest tram stop is Marshall Rd/Matthews Ave, located approximately 0.5 km away

What major shopping centre is within walking distance of the property?

Westfield Airport West shopping centre is about 0.8 km from the address

Which cinema is located near the property?

Village Airport West cinema is situated roughly 0.6 km away

Which hotel is closest to the property?

Hyatt Place Melbourne, Essendon Fields is approximately 1.0 km from 37 Parer Road

What kind of property is this?

37 Parer Road is listed as Mixed Use in Airport West, VIC

What asking price or listing price is shown?

37 Parer Road includes price $1.1 M–$1.6 M (estimated)

Related profiles

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Suburb profile

Airport West

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Street profile

Parer Road

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View street profile