Discover the endless potential of this 660m2 block nestled in the heart of Dunwich. With an existing dwelling that can be transformed into a home (STCA) or kept as the commercial space it was, this property offers a unique chance to create your ideal space. Boasting a prime location on the main road, you'll have convenient access to all the amenities you need, including Dunwich State School, shops, and water taxis, all just a short stroll away.
This versatile property is currently zoned for both commercial and residential use, allowing you the freedom to decide its future. Whether you're seeking an investment opportunity or a place to call home, the possibilities are endless. Explore the approved development plans for an impressive investment venture-two commercial sites on the ground floor and two stylish three bedroom residential units upstairs. The architectural vision offers modern and functional spaces, ensuring an attractive and lucrative return on your investment.
Enjoy the best of both worlds with dual street access from Bingle Road and Jack Lane, providing flexibility and convenience. Don't miss your chance to secure this incredible block and make your dreams a reality in Dunwich!
The size of Dunwich is approximately 1.6 square kilometres. It has 9 parks covering nearly 14.1% of total area. The population of Dunwich in 2011 was 883 people. By 2016 the population was 869 showing a population decline of 1.6% in the area during that time. The predominant age group in Dunwich is 60-69 years. Households in Dunwich are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dunwich work in a professional occupation. In 2011, 55% of the homes in Dunwich were owner-occupied compared with 53.3% in 2016.
Dunwich has 518 properties. Over the last 5 years, Houses in Dunwich have seen a 68.14% increase in median value, while Units have seen a 306.48% increase. As at 30 September 2024:
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