40 Granite St, Picnic Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 809m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
All that is needed is some renovations and this would be a great first home or potentially good for someone looking for an investment rental property.
This home is In a great location, it is just around the corner from the Island Golf Course with just a short walk to the Picnic Bay beach and bus stop.
Downstairs you will find a small bedroom with shower and toilet, fully concreted super spacious workshop, laundry a storage area and lock up car parking.
Set on a generous 809 sqm block the building is structurally sound and comes with a touch of history, it was formerly the Island police station and still has the jail in its original location in the fenced back yard.
Don't miss this great opportunity, call MaryAnne to arrange an inspection today.
The size of Picnic Bay is approximately 4.1 square kilometres. It has 5 parks covering nearly 77.8% of total area. The population of Picnic Bay in 2011 was 335 people. By 2016 the population was 282 showing a population decline of 15.8% in the area during that time. The predominant age group in Picnic Bay is 60-69 years. Households in Picnic Bay are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Picnic Bay work in a professional occupation. In 2011, 50.3% of the homes in Picnic Bay were owner-occupied compared with 50.3% in 2016.
Picnic Bay has 383 properties. Over the last 5 years, Houses in Picnic Bay have seen a 81.62% increase in median value, while Units have seen a 36.18% increase. As at 31 October 2024:
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