1.5 Acres - “MERLO'S POINT” - 6,176 m2
LIFESTYLE - TOURISM - AIR BnB - INVESTMENT - RETREAT
This home has been well-loved by many for decades, and with the location and rugged coastline views, you can see why. With endless possibilities including permanent living, a holiday house, Air BnB or just an investment, with some foresight and dedication this house that has been a haven for family get-togethers could be a place where you and your family can make new memories.
Additional features of the property include a four-car, lock-up garage (concrete floor and power connected), electric hot water service, solid wood heater and unbeatable views.
Situated on 1.5 acres at the top of the Otways with what many would say is a blank canvas this property would make the perfect proposition for the astute buyer.
The size of Wyelangta is approximately 77.7 square kilometres. It has 3 parks covering nearly 128.5% of total area. The population of Wyelangta in 2011 was 479 people. By 2016 the population was 31 showing a population decline of 93.5% in the area during that time. The predominant age group in Wyelangta is 60-69 years. Households in Wyelangta are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Wyelangta work in a managers occupation. In 2011, 78.3% of the homes in Wyelangta were owner-occupied compared with 73.6% in 2016..
Wyelangta has 76 properties. Over the last 5 years, Houses in Wyelangta have seen a 77.01% increase in median value. As at 30 November 2024:
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