A rare opportunity to purchase a larger allotment of 674m2 approx in Geilston Park, Geilston Bay.Well suited to two dwellings with DA approval already in place, the total land size is approximately 674m2 and is clear of any services enabling a clean build. The approved plans are for two, 3 Bedroom, 2 bathroom townhouses of 119m2 and 114m2 each, featuring master bedrooms with ensuites and walk in robes, 2 additional double bedrooms with built-ins, and roomy lounge/dining areas.This opportunity will not last long, please Contact Ben for any further information, copy of plans and any further insights into this opportunity.
The size of Geilston Bay is approximately 7.3 square kilometres. It has 14 parks covering nearly 22.4% of total area. The population of Geilston Bay in 2011 was 3,181 people. By 2016 the population was 3,047 showing a population decline of 4.2% in the area during that time. The predominant age group in Geilston Bay is 50-59 years. Households in Geilston Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Geilston Bay work in a professional occupation. In 2011, 82.5% of the homes in Geilston Bay were owner-occupied compared with 80.7% in 2016.
Geilston Bay has 1,654 properties. Over the last 5 years, Houses in Geilston Bay have seen a 54.13% increase in median value, while Units have seen a 30.33% increase. As at 31 October 2024:
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