A much loved weekender has come onto the market. Situated on the main road of Wagait Beach right next to the shop. The astute investor will see the commercial potential in this property. There is 3 phase power to the block and zoned as Rural Living.
One hectare or approximately two and a half acres of land with a solid two bedroom one bathroom home located to the rear of the property.
The brick house is fully air conditioned and tiled throughout to keep you cool during our hot and humid days. Other features of the house include simple kitchen with electric stove and above and below bench cupboards, internal laundry, two good sized bedrooms with built in robes and verandahs all round.
The water supply for the home is from the 22,500 litre water tank and the sea container will stay with the property.
The size of Wagait Beach is approximately 5 square kilometres. The population of Wagait Beach in 2011 was 369 people. By 2016 the population was 437 showing a population growth of 18.4% in the area during that time. The predominant age group in Wagait Beach is 50-59 years. Households in Wagait Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wagait Beach work in a professional occupation. In 2011, 79.7% of the homes in Wagait Beach were owner-occupied compared with 76.3% in 2016.
Wagait Beach has 393 properties. Over the last 5 years, Houses in Wagait Beach have seen a -10.11% decrease in median value, while Units have seen a -12.00% decrease. As at 31 October 2024:
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