Located just on the outskirts of El Arish, this 42 acre property is a future money maker offering the buyer several options.
This gently sloping lot has a freshwater creek meandering through it and is fully fenced for cattle. Other improvements include large farm shed, smaller storage shed, cattle yards, 2 water tanks, timber trees, and orchard. And with the historical El Arish Tavern, El Arish Country Club's 9 hole golf course open to the public, State Primary School, Blenners Butcher (famous for its Bingil Bay Beef), Service Station/takeaway food, and General Store with Post Office & Newsagency outlet all within walking distance, what more could you ask for?
Just 1 thing - Preliminary Development Approval is in place for a 9 lot subdivision along the Jaffa Road boundary with lots ranging in size from 2,000m2 to 3,769m2.
The size of El Arish is approximately 7.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of El Arish in 2011 was 444 people. By 2016 the population was 341 showing a population decline of 23.2% in the area during that time. The predominant age group in El Arish is 50-59 years. Households in El Arish are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in El Arish work in a labourer occupation. In 2011, 80% of the homes in El Arish were owner-occupied compared with 70.1% in 2016.
El Arish has 200 properties. Over the last 5 years, Houses in El Arish have seen a 76.25% increase in median value, while Units have seen a 154.99% increase. As at 31 October 2024:
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