Those with an eye for development, or simply to diversify their property portfolio should definitely look twice at this offering.
Located on the corner of Pedler Street and the Ungarra-Stokes road in the town of Ungarra, are three adjoining allotments making up the now disused Ungarra Motors on a huge combined parcel of approximately 2883m2.
The three allotments comprise of 2 allotments on one title facing the Ungarra - Stokes Rd and another single allotment on a separate title facing Pedler st but adjoining the other two allotments.
The size of Ungarra is approximately 304.7 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Ungarra in 2011 was 308 people. By 2016 the population was 169 showing a population decline of 45.1% in the area during that time. The predominant age group in Ungarra is 0-9 years. Households in Ungarra are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Ungarra work in a managers occupation. In 2011, 71% of the homes in Ungarra were owner-occupied compared with 68% in 2016..
Ungarra has 152 properties. Over the last 5 years, Houses in Ungarra have seen a 81.56% increase in median value. As at 31 October 2024:
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