OFF MARKET

30-40 Gaze Road
Christmas Island WA 6798

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3494m2
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Property Details for 30-40 Gaze Rd, Christmas Island

Building Type
Land
Land Size
3494m2
Local Government
Christmas Island
Lot/Plan
447/P192460

Last Listing description (November 2012)

THE BEST DEVELOPMENT SITE ON CHRISTMAS ISLAND
The future town planning scheme calls for the removal of the fuel tanks opposite this lost and the redevelopment of the land in front to open public space, which will include picnic areas, entertainment facilities and more. This property will be the true hub of the tourism precinct.
This huge block of land is key to any development in this area, be it commercial, tourism, residential or a blend of all three. Two and possibly 3 stories could be proposed and generally supported by community and Government.

Quality accommodation and commercial space are in very short supply and demand is very high, ensuring returns on investment here.
Christmas Island is an exciting place to be involved in and has an exciting future.

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Property History for 30-40 Gaze Rd, Christmas Island, WA 6798

A timeline of how this property has performed in the market
Last Sold
$500,000
21 Apr 2015
  • 21 Apr 2015
    Sold for $500,000
  • 02 Apr 2012
    Listed for Sale EXPRESSIONS OF INTEREST
  • 05 Jul 2009
    Listed for Sale $700,000

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About Christmas Island 6798

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.

    There are currently 1 property listed for sale, and no properties listed for rent in Christmas island on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Christmas island.

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