Every now and then an investment such as this comes along, situated in an industrial estate in Widgee with a tenant in place and wanting to stay paying $250 per week. The property consists of a large Colorbond shed 18m x 24m x 5m high on a flat fully fenced 1671sqm block. The shed also has 3 phase phower, a mezzanine floor, 2 x toilets and office, outside there is also 5000 gallons of rainwater storage. Great investment opportunity at a good price.
The size of Widgee is approximately 198 square kilometres. It has 6 parks covering nearly 6.1% of total area. The population of Widgee in 2011 was 788 people. By 2016 the population was 798 showing a population growth of 1.3% in the area during that time. The predominant age group in Widgee is 60-69 years. Households in Widgee are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Widgee work in a labourer occupation. In 2011, 85.2% of the homes in Widgee were owner-occupied compared with 82.9% in 2016.
Widgee has 529 properties. Over the last 5 years, Houses in Widgee have seen a 100.95% increase in median value. As at 31 October 2024:
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