Rare opportunity to buy acres and a business: home and income potential!
Best investment ever! Approved 60-child kindergarten (70-80% complete). Plus separate residence, plus another residence that requires extensive renovation. Situated on approximately 5 acres, in a prominate and easily accessible location that we expect would assist in dropping and collecting kids to and from work (not on a busy street).
There are various reasons why the sale, but the majority of the hard work has been done in obtaining council approvals and major construction to lock-up stage. However, internal finishes and landscaping still required amongst other things.
The size of Oxford Falls is approximately 6.7 square kilometres. It has 8 parks covering nearly 18.7% of total area. The population of Oxford Falls in 2011 was 443 people. By 2016 the population was 127 showing a population decline of 71.3% in the area during that time. The predominant age group in Oxford Falls is 0-9 years. Households in Oxford Falls are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Oxford Falls work in a professional occupation. In 2011, 64.3% of the homes in Oxford Falls were owner-occupied compared with 65.9% in 2016..
Oxford Falls has 253 properties. Over the last 5 years, Houses in Oxford Falls have seen a 80.28% increase in median value, while Units have seen a 74.14% increase. As at 30 September 2024:
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