4/107-111 Newell St, Bungalow is a bedroom, bathroom Unit with 4 parking spaces and was built in 1996. The property has a land size of 143m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Rare as hens teeth, this very affordable strata industrial unit is fully tenanted. Fully setup and council approved for food preparation, it comes complete with a walk-in cold room, freezer and large food preparation area. Ideal for food manufacturing and counter sales. Rear roller door access to freezer and dry storage area.
> Fully Tenanted Investment
> Long Term Reliable Tenant
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 1,948 properties. Over the last 5 years, Houses in Bungalow have seen a 55.86% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:
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