32 Phegans Bay Rd, Phegans Bay is a 0 bedroom, 0 bathroom House and was built in 1960. The property has a land size of 850m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
A rare opportunity to obtain a prime development site in Phegans Bay. Boasting an expansive 868sqm plot, this property offers easy access and stunning expansive water views. Offering abundant sunshine year-round in this unique waterfront reserve location and just a mere 10 meters from the water's edge, it is an unparalleled opportunity for development or investment.
- Prime opportunity to build a multi-million dollar home in an A1 position
- Offered with plans(yet to be submitted or approved) to build 2 luxury homes
KEY DETAILS:
Council Rates $2,177pa
Water Rates $994pa
The size of Phegans Bay is approximately 0.6 square kilometres. It has 2 parks covering nearly 21.2% of total area. The population of Phegans Bay in 2011 was 442 people. By 2016 the population was 445 showing a population growth of 0.7% in the area during that time. The predominant age group in Phegans Bay is 50-59 years. Households in Phegans Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Phegans Bay work in a professional occupation. In 2011, 76.4% of the homes in Phegans Bay were owner-occupied compared with 72.4% in 2016.
Phegans Bay has 224 properties. Over the last 5 years, Houses in Phegans Bay have seen a 63.42% increase in median value, while Units have seen a 15.62% increase. As at 31 August 2024:
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