16-18 Gaze Rd, Christmas Island is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1955. The property has a land size of 1461m2. While the property is not currently for sale or for rent, it was last sold in September 2008.
SEVEN OCEAN APARTMENTS
WHAT AN OPPORTUNITY. WE HAVE 7 UNITS ON GAZE ROAD WITH OCEAN VIEWS. THESE HAVE NOT BEEN STRATA TITLED AND A DEVELOPER WOULD HAVE A WONDERFUL TIME CONVERTING THESE INTO STUNNING WATERSIDE UNITS. 6 ARE CURRENTLY LEASED TO TENANTS RETURNING APPROXIMATELY $700PER WEEK. THERE ARE 6 UNITS THAT ARE 2 BEDROOMS AND 1 BATH, AND ONE 4 BEDROOMS AND 1 BATH (CURRENTLY AVAILABLE). THE LAND SIZE IS 1461 WITH A FRONTAGE OF 37.15M.
POSSIBILITIES ARE ENORMOUS FOR A DEVELOPER OR A SYNDICATE TO BUY UP, LIVE ON-SITE IN THE VACANT UNIT WHISLT YOU GRADUALLY RENOVATE, CONVERT TO STRATA TITLE OR TURN 7 UNITS TO 4 UP MARKET UNITS WITH GLORIOUS OCEAN VIEWS AND EVERCHANGING SUNSETS.
The size of Christmas Island is approximately 138.9 square kilometres. The population of Christmas Island in 2011 was 2,070 people. By 2016 the population was 1,860 showing a population decline of 10.1% in the area during that time. The predominant age group in Christmas Island is 30-39 years. Households in Christmas Island are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Christmas Island work in a trades occupation. In 2011, 44.3% of the homes in Christmas Island were owner-occupied compared with 42.8% in 2016.
Christmas Island has 709 properties.
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