44 Bowers Street is an exceptional piece of land offering its new owner a corner block with dual street access and a multitude of possible uses.
What a great location to build your forever home, or, re-develop for a multi-dwelling project which would be welcomed by a strangled rental market.
Features:
Please contact Luke Oakley with Orbost Real Estate for more information regarding this opportunity to secure vacant land.
• WHY INVEST IN ORBOST...
Discover the hidden gem of Orbost, Victoria's haven for those seeking the perfect blend of tranquillity and adventure. Nestled amidst nature's beauty, Orbost offers a unique real estate opportunity with a touch of small-town charm. Imagine waking up to the soothing sounds of nature, surrounded by lush landscapes and the promise of a slower, more fulfilling lifestyle.
What sets Orbost apart is its strategic location, providing easy access to both the coastal serenity of Marlo only a 10-minute drive and the vibrant energy of Lakes Entrance approximately 35 minutes away. Embrace the coastal living experience in Marlo, just a stone's throw away, where the Mighty Snowy River meets the ocean in a picturesque dance providing some of the best waterways and fishing Victoria has on offer. Alternatively, indulge in the dynamic atmosphere of Lakes Entrance, a bustling hub of activity and entertainment.
The size of Orbost is approximately 208.6 square kilometres. It has 9 parks covering nearly 86.4% of total area. The population of Orbost in 2011 was 2,493 people. By 2016 the population was 2,231 showing a population decline of 10.5% in the area during that time. The predominant age group in Orbost is 60-69 years. Households in Orbost are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orbost work in a labourer occupation. In 2011, 69% of the homes in Orbost were owner-occupied compared with 69.9% in 2016.
Orbost has 1,628 properties. Over the last 5 years, Houses in Orbost have seen a 75.94% increase in median value, while Units have seen a 138.07% increase. As at 31 October 2024:
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