This would have to be close to the opportunity of 2022, that’s only limitation is your imagination and council approval. This is one of the last real opportunities to develop a prime piece of Bellara land. The parcel of land is approx. 1487sqm and currently has two commercial premises on it, one that is 41.86m2 that is let to a hairdressing salon the other is 89.25m2 and is vacant and features a kitchenette. This site makes for an unlimited number of possibilities and is zoned Residential in the Suburban Neighbour precinct.
This opportunity is situated…...
*Only 175m to the Bellara waterfront,
How good is this location?
For information on rental returns and leasing information please contact us.
The size of Bellara is approximately 2.1 square kilometres. It has 7 parks covering nearly 9.7% of total area. The population of Bellara in 2011 was 3,156 people. By 2016 the population was 3,247 showing a population growth of 2.9% in the area during that time. The predominant age group in Bellara is 60-69 years. Households in Bellara are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bellara work in a trades occupation. In 2011, 59.1% of the homes in Bellara were owner-occupied compared with 58.9% in 2016.
Bellara has 1,988 properties. Over the last 5 years, Houses in Bellara have seen a 71.70% increase in median value, while Units have seen a 93.97% increase. As at 31 October 2024:
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