We are offering a sensational building allotment for sale with the potential of building two town houses (Subject to council approval) both with outstanding water and mountain views.
Set in an elevated position on the hill you will be able to design a spacious and beautiful home (s) with plenty of sunshine and sensational water views from nearly every window of the property.
Located in the Derwent Shore's Estate subdivision Cherrington Drive is located off Bindara Road and runs parallel with Ocean Drive just past the southern end of Spinnaker Crescent Tranmere.
The size of Tranmere is approximately 2.9 square kilometres. It has 2 parks covering nearly 6.5% of total area. The population of Tranmere in 2011 was 1,441 people. By 2016 the population was 1,726 showing a population growth of 19.8% in the area during that time. The predominant age group in Tranmere is 40-49 years. Households in Tranmere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tranmere work in a professional occupation. In 2011, 86.3% of the homes in Tranmere were owner-occupied compared with 88.5% in 2016.
Tranmere has 1,107 properties. Over the last 5 years, Houses in Tranmere have seen a 50.55% increase in median value, while Units have seen a 21.92% increase. As at 30 September 2024:
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