30 Gale StreetWaratah Bay VIC 3959
Property Details for 30 Gale St, Waratah Bay
Last Listing description (December 2008)
Investment - Coastal Purpose Built Facility
Compact purpose built Group accommodation facility opposite magnificent ocean beach.
1. 24 year Lease
3. 8.58% Net return
4. Beds for 120
5. Excellent, very profitable, safe business.
6. Less than 5 years old.
7. Unique in the industry.
8. Can accomodate 2 users at the same time.
Asking $2,400,000
Full confidentiality required, call Brett Bowden 0417 005 755
Property History for 30 Gale St, Waratah Bay, VIC 3959
- 26 Jun 2015Transferred
- 21 Dec 2008Listed for Sale 2400000
- 12 Mar 1996Sold for $40,000
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About Waratah Bay 3959
The size of Waratah Bay is approximately 9.2 square kilometres. It has 1 park covering nearly 9% of total area. The population of Waratah Bay in 2011 was 206 people. By 2016 the population was 47 showing a population decline of 77.2% in the area during that time. The predominant age group in Waratah Bay is 60-69 years. Households in Waratah Bay are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Waratah Bay work in a trades occupation. In 2011, 85.9% of the homes in Waratah Bay were owner-occupied compared with 90% in 2016..
Waratah Bay has 144 properties. Over the last 5 years, Houses in Waratah Bay have seen a 88.86% increase in median value. As at 31 October 2024:
- The median value for Houses in Waratah Bay is $675,087.
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