Industrial Address, Highly Visible well positioned with a current Residential Status.
A highly visible and attractive corner block, high on the Alpha Hill, zoned Industrial yet with a fully furnished, Air Conditioned 3 bedroom high set house. This property is well out of flood... Industrial land is in very short supply in Alpha. The house is set well to one back corner of this 2193m2 property allowing for development and retention of the residence. If the block was to be developed for commercial industrial purposes the house could be retained as caretaker premises.
The AC is via split systems. The home is well elevated and as there is no risk of flood council regulations are favorable for allowing future renovations below. The property is currently rented out on a periodic basis, and of course is fully furnished.
The size of Alpha is approximately 12,213.3 square kilometres. It has 6 parks covering nearly 1.9% of total area. The population of Alpha in 2011 was 571 people. By 2016 the population was 321 showing a population decline of 43.8% in the area during that time. The predominant age group in Alpha is 60-69 years. Households in Alpha are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Alpha work in a labourer occupation. In 2011, 60.5% of the homes in Alpha were owner-occupied compared with 59.2% in 2016.
Alpha has 489 properties. Over the last 5 years, Houses in Alpha have seen a 20.02% increase in median value. As at 31 October 2024:
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