29 Yarrong Rd, Point Lookout is a 4 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 741m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
This fantastic property has a lot to offer! Held for over six decades this quintessential Straddie beach shack is arguably one of the best pieces of real estate on the island featuring three bedrooms, two bathrooms, kitchen and deck in original classic condition.
One of the standout feature of the property is its location with direct views of Cylinder Beach and Flat Rock. This not only offers commanding views of Cylinder Beach but also provides a sense of tranquillity and an opportunity to enjoy the beautiful surroundings. The breathtaking water views further enhance the appeal of the property as they add to the sense of natural beauty and provide a backdrop for an enviable lifestyle.
With a 741m2 block of land and 17.1m frontage there is plenty of space to either enjoy the property as it is with it's original classic condition. The large block also suggests potential for a great holiday home, offering a relaxing and idyllic escape for those seeking a break from the busy city life.
Overall this property offers a unique opportunity to embrace the Island lifestyle with its stunning views, great location and potential for a dream home or holiday retreat.
Tender closing Wednesday 25th October 4pm.
Rates approx $1,505 per quarter
The size of Point Lookout is approximately 4.4 square kilometres. It has 6 parks covering nearly 35.2% of total area. The population of Point Lookout in 2011 was 678 people. By 2016 the population was 709 showing a population growth of 4.6% in the area during that time. The predominant age group in Point Lookout is 60-69 years. Households in Point Lookout are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Lookout work in a professional occupation. In 2011, 57.2% of the homes in Point Lookout were owner-occupied compared with 62.5% in 2016.
Point Lookout has 1,387 properties. Over the last 5 years, Houses in Point Lookout have seen a 110.48% increase in median value, while Units have seen a 112.40% increase. As at 31 October 2024:
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