Brought to the market for the first time in 27 years, The Murphy Team takes great pride in introducing 111 Buchan Street, Bungalow. This property presents an unparalleled commercial opportunity for those seeking a city-fringe location, boasting exceptional vehicle exposure and ample space for expansion or future development.
Situated on a sizable 1,012m2 allotment with dual side access, the current features of the property include:
- Approximately 218m2 under the roof
Seldom does a property of such caliber become available on the open market, offering significant commercial potential alongside prospects for residential use. Act quickly, as this opportunity is not expected to last long. For further details or to schedule a private inspection, please contact David Murphy to receive a comprehensive information memorandum today.
The size of Bungalow is approximately 2.2 square kilometres. It has 3 parks covering nearly 1.9% of total area. The population of Bungalow in 2011 was 2,164 people. By 2016 the population was 2,159 showing a population decline of 0.2% in the area during that time. The predominant age group in Bungalow is 20-29 years. Households in Bungalow are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bungalow work in a trades occupation. In 2011, 35.1% of the homes in Bungalow were owner-occupied compared with 34.7% in 2016.
Bungalow has 1,951 properties.
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