12/12 Gellibrand St, Zeehan is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1974. The property has a land size of 967m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in September 2014.
Double the investment Opportunity
Currently one unit is rented at $115 per week. Potential for a 12.5% rent return or live in one and keep renting the other. Two, 2 bedroom units. Each bedroom with built in robes. Open plan lounge, dining and kitchen. Bathroom has bath with shower over. Separate laundry and toilet. A single covered carport is attached to each unit with lockable front storage area. Units are separately fenced. Situated in quiet mining town, thirty minutes from Macquarie Harbour. Call to discuss further or to organise inspection.
Additional feature/s - Property condition: Fair Property Type: Block of units House style: Bungalow.
The size of Zeehan is approximately 90.7 square kilometres. It has 12 parks covering nearly 89.1% of total area. The population of Zeehan in 2011 was 727 people. By 2016 the population was 705 showing a population decline of 3.0% in the area during that time. The predominant age group in Zeehan is 50-59 years. Households in Zeehan are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Zeehan work in a machinery operators and drivers occupation. In 2011, 66.6% of the homes in Zeehan were owner-occupied compared with 62.5% in 2016.
Zeehan has 723 properties. Over the last 5 years, Houses in Zeehan have seen a 79.85% increase in median value, while Units have seen a 36.43% increase. As at 31 January 2025:
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