A vacant 723m2 lot, zoned commercial and offering tremendous scope for development.
Situated in the very heart of the popular seaside resort town of Bicheno and close to the supermarket and Bendigo Bank. The potential of this property is limited only by your imagination. Opportunity knocks but once...Inspection is highly recommended.
The ultimate development would be a commercial or retail venture on the groundfloor and a residence or penthouse on the top level (STCA)
The size of Bicheno is approximately 114.5 square kilometres. It has 12 parks covering nearly 42.1% of total area. The population of Bicheno in 2011 was 852 people. By 2016 the population was 945 showing a population growth of 10.9% in the area during that time. The predominant age group in Bicheno is 60-69 years. Households in Bicheno are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bicheno work in a labourer occupation. In 2011, 71.6% of the homes in Bicheno were owner-occupied compared with 73.9% in 2016.
Bicheno has 1,323 properties. Over the last 5 years, Houses in Bicheno have seen a 83.28% increase in median value, while Units have seen a 96.49% increase. As at 31 October 2024:
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