OFF MARKET

2/111 Pink Lake Road
Nulsen WA 6450

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 114m2
Land area: 40400m2
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Last updated 16 Dec 2024
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Property Details for 2/111 Pink Lake Rd, Nulsen

2/111 Pink Lake Rd, Nulsen is a bedroom, bathroom House with 2 parking spaces. The property has a land size of 40400m2 and floor size of 114m2.

Building Type
House
Floor Size
114m2
Land Size
40400m2
Local Government
Esperance

Last Listing description (October 2015)

PRIME POSITION MASSIVE 4.04 Hectare site (nearly 10 Acres in the old scale) situated in the centre of town with planning approval for either 56 individual residential blocks around 450 SQM to 750SQM each OR 4 super blocks. Situated directly opposite Esperance Senior High School, shops, close to primary school, University and still only 15 blocks or 1.5 Klms from the beach.
The smart investor will sit and hold this parcel of land even though to develop now is totally viable in this slow local market. This purchase may well suit the savvy investor who is currently land banking or Superannuation fund looking for blue chip future investment opportunities.
The current owners are under no illusion. They are well aware of the current market slow down in Esperance as it is mining driven however the up side is the new Port facilities will proceed in Esperance and the future looks extremely positive for the town. Even though this magnificent site was purchased for long term gains the capital is required now for a different project and the property needs to be liquidated immediately.

The attached development application was approved on 10/08/ 2011 and has only just expired. Deep Sewage and all other services available at boundary.
make an offer today call Richard Eldridge 0404 216 528*PRIME INNER CITY SUB DIVISION*BUY NOW CAPITALISE NOW*APPROVED PLANS AND READY TO GO *BUY NOW HOLD CAPTALISE LATER*WILL SIT AND BUILD EQUITY FOR FUTURE GAIN*LESS THAN 15 BLOCKS TO BEACH*PERFECT LAND BANK INVESTMENT*ALL SERVICES INCLUDING SEWAGE AVAILABLE*PERFECT SUPER FUND INVESTMENT*BUYERS GUIDE $500,000 plus

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Property History for 2/111 Pink Lake Rd, Nulsen, WA 6450

A timeline of how this property has performed in the market
  • 04 Sep 2015
    Listed for Sale $250,000

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About Nulsen 6450

The size of Nulsen is approximately 2.4 square kilometres. It has 4 parks covering nearly 3.2% of total area. The population of Nulsen in 2011 was 1,401 people. By 2016 the population was 1,122 showing a population decline of 19.9% in the area during that time. The predominant age group in Nulsen is 0-9 years. Households in Nulsen are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nulsen work in a labourer occupation. In 2011, 53.1% of the homes in Nulsen were owner-occupied compared with 57.1% in 2016.

Nulsen has 572 properties. Over the last 5 years, Houses in Nulsen have seen a 122.15% increase in median value, while Units have seen a 8.72% increase. As at 30 November 2024:

  • The median value for Houses in Nulsen is $378,264 while the median value for Units is $392,710.
  • Houses have a median rent of $320.
There are currently 3 properties listed for sale, and no properties listed for rent in Nulsen on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Nulsen.

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