39a Bells Pde, Somerset is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1366m2 and floor size of 168m2.
Seaside development opportunity on Bells Parade!
Located approximately 150m from sandy Somerset beach this development opportunity will bring income from day one. Consisting of two, two bedroom brick units built in 1980 on an excellent level block of land of approximately 1366 sqm.
Possibilities include (S.T.C.A) a larger unit/town house development, build your dream home with steady income from the units at the front, tourist accommodation etc.
The size of Somerset is approximately 27 square kilometres. It has 8 parks covering nearly 1.3% of total area. The population of Somerset in 2011 was 3,974 people. By 2016 the population was 3,885 showing a population decline of 2.2% in the area during that time. The predominant age group in Somerset is 50-59 years. Households in Somerset are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Somerset work in a trades occupation. In 2011, 71% of the homes in Somerset were owner-occupied compared with 69.3% in 2016.
Somerset has 2,045 properties. Over the last 5 years, Houses in Somerset have seen a 74.06% increase in median value, while Units have seen a 68.40% increase. As at 31 October 2024:
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