With main road exposure and two street frontages this large 1381m2 corner block offers everything you need for an exciting new commercial venture.
Suitable as an artist gallery plus residence and it is the only vacant block in Bingil Bay which can be used for this purpose.
The size of Bingil Bay is approximately 4.2 square kilometres. It has 3 parks covering nearly 1.3% of total area. The population of Bingil Bay in 2011 was 368 people. By 2016 the population was 432 showing a population growth of 17.4% in the area during that time. The predominant age group in Bingil Bay is 50-59 years. Households in Bingil Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bingil Bay work in a trades occupation. In 2011, 55.9% of the homes in Bingil Bay were owner-occupied compared with 67.2% in 2016.
Bingil Bay has 290 properties. Over the last 5 years, Houses in Bingil Bay have seen a 60.32% increase in median value, while Units have seen a 1.73% increase. As at 31 October 2024:
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