Close to the Coast
Situated only minutes from the seaside town of Cervantes, this commercial property has already been fitted out with a 312sqm shed containing a caretakers residence.
The residence comes equipped with kitchen, shower, toilet and two bedrooms. With the shed located to one side of the 3000sqm block there is the potential to subdivide or develop to your own requirements.
The size of Cervantes is approximately 9.8 square kilometres. It has 7 parks covering nearly 11.1% of total area. The population of Cervantes in 2011 was 461 people. By 2016 the population was 530 showing a population growth of 15.0% in the area during that time. The predominant age group in Cervantes is 60-69 years. Households in Cervantes are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cervantes work in a labourer occupation. In 2011, 68.5% of the homes in Cervantes were owner-occupied compared with 71.3% in 2016.
Cervantes has 719 properties. Over the last 5 years, Houses in Cervantes have seen a 74.18% increase in median value, while Units have seen a 19.28% increase. As at 31 October 2024:
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