The subject property comprises a prominent corner parcel offering 1,492 square metres* of site area. The current improvements extend 645 square metres* across three separate buildings with large secure yard area in addition.
The current building has been utilised and traded successfully as a Tackle World for a number of years, with the internal configuration suited to their multifaceted business including a retail component, office accommodation and a workshop at the rear accessed via Docker Street.
The site benefits from a R2 Low Density Residential zoning and 8.5 metre* height limit with uses such as childcare, health consult rooms, shop top housing allowable (subject to council approval).
For Sale by Expressions of Interest closing Friday 11 August 2023 at 4pm (AEST).
*Approximate.
The size of Marks Point is approximately 1.5 square kilometres. It has 6 parks covering nearly 18.8% of total area. The population of Marks Point in 2011 was 1,731 people. By 2016 the population was 1,814 showing a population growth of 4.8% in the area during that time. The predominant age group in Marks Point is 60-69 years. Households in Marks Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marks Point work in a professional occupation. In 2011, 53% of the homes in Marks Point were owner-occupied compared with 55% in 2016.
Marks Point has 1,014 properties. Over the last 5 years, Houses in Marks Point have seen a 67.58% increase in median value, while Units have seen a 62.52% increase. As at 30 September 2024:
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