26 Banksia WayNilgen WA 6044
Property Details for 26 Banksia Way, Nilgen
26 Banksia Way, Nilgen is a 0 bedroom, 0 bathroom House. The property has a land size of 144265m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (December 2023)
Uncover the untapped potential of this extraordinary 14.42-hectare parcel of bush land nestled within the enchanting Ocean Farm coastal country suburb. Embracing its unique characteristics, including a captivating closed limestone quarry at its center, this land offers a one-of-a-kind investment opportunity that is sure to captivate the imagination of astute investors.
Situated along the scenic Indian Ocean drive and only a short 15-minute drive away from the renowned idyllic coastal town of Lancelin, where you have unrivalled access to the breathtaking ocean an array of recreational activities From thrilling water sports to serene beachside retreats,
While it's important to acknowledge the presence of the closed limestone quarry and the abundance of capped stones, these unique features can be transformed into assets that set this land apart from the rest. With a visionary approach and careful planning, the quarry presents an opportunity for creative and innovative development. Imagine repurposing the quarry into a stunning natural feature, incorporating it into a luxurious residential complex, or creating a unique entertainment venue that showcases the area's rich history.
Embrace the challenge and seize this extraordinary opportunity to shape the future of Ocean Farm. With the right vision, meticulous planning, and a passion for unlocking hidden potential, you can transform this land into a showcase of innovation and natural beauty. Don't let the quarry and capped stones deter you. Instead, let them inspire you to create something extraordinary. Act now and be part of the visionary few who recognize the immense possibilities that await within this unique investment gem.
Property History for 26 Banksia Way, Nilgen, WA 6044
- 12 Oct 2023Sold for $310,000
- 13 Jun 2023Listed for Sale EXPRESSIONS OF INTEREST
- 17 Oct 2015Listed for Sale $175,000
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About Nilgen 6044
The size of Nilgen is approximately 255 square kilometres. It has 3 parks covering nearly 23.2% of total area. The population of Nilgen in 2011 was 388 people. By 2016 the population was 231 showing a population decline of 40.5% in the area during that time. The predominant age group in Nilgen is 50-59 years. Households in Nilgen are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Nilgen work in a labourer occupation. In 2011, 86.8% of the homes in Nilgen were owner-occupied compared with 92.1% in 2016.
Nilgen has 308 properties. Over the last 5 years, Houses in Nilgen have seen a 78.42% increase in median value. As at 31 October 2024:
- The median value for Houses in Nilgen is $645,048 while the median value for Units is $735,365.
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