1/5 Bucaan St, Chigwell is a bedroom, 1 bathroom House. The property has a land size of 710m2 and floor size of 96m2.
An opportunity exists to invest in this high yield property. Securely leased this property comes complete with all plant/equipment and machinery.
With the ownership of all plant and equipment transferred at sale this property is quite unique as there would always be the opportunity for another butcher to take over the shop at the end of the lease.
With the current return this property might be a strong addition to a superfund.
The size of Chigwell is approximately 3 square kilometres. It has 5 parks covering nearly 7.2% of total area. The population of Chigwell in 2011 was 1,811 people. By 2016 the population was 2,005 showing a population growth of 10.7% in the area during that time. The predominant age group in Chigwell is 0-9 years. Households in Chigwell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chigwell work in a labourer occupation. In 2011, 64.3% of the homes in Chigwell were owner-occupied compared with 61.7% in 2016.
Chigwell has 901 properties. Over the last 5 years, Houses in Chigwell have seen a 43.34% increase in median value, while Units have seen a 47.93% increase. As at 31 October 2024:
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