DEVELOPMENT SITE
Once in a lifetime opportunity to purchase this strategically located site. Zoned Business 1, the land at approximately 2,529 square metres has two street frontages; one to the main retail precinct and the other facing onto one of the better streets in the township. The site offers an opportunity for a mix of retail and residential or could be used for a further development of the existing aged accommodation in the general vicinity. The existing building could be refurbished for retail or residential use or emolished (STCA) as part of a redevelopment of the site.
The size of Trentham is approximately 51.3 square kilometres. It has 2 parks covering nearly 20.3% of total area. The population of Trentham in 2011 was 1,410 people. By 2016 the population was 1,156 showing a population decline of 18.0% in the area during that time. The predominant age group in Trentham is 60-69 years. Households in Trentham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Trentham work in a professional occupation. In 2011, 83.9% of the homes in Trentham were owner-occupied compared with 80.7% in 2016.
Trentham has 1,139 properties. Over the last 5 years, Houses in Trentham have seen a 55.79% increase in median value, while Units have seen a 7.63% increase. As at 31 October 2024:
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