15 Lorikeet St, Wulagi is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1978. The property has a land size of 817m2 and floor size of 114m2.This Property is currently listed for sale with Real Estate Central
Why? Well, for those that have the skills, this might just make sense. For most, it wont.
You see, it's all about perspective. Great location, and literally the worst house (partial house) in the street.
What Happened?
Well, it caught fire. How? Not sure.
What's left? It's certainly not a turn-key home (there's no front door for the key). Just the block work really, everything else is compromised.
The Floor Plan? 4 bedrooms + study and store. There's two bathrooms, but they'll both require an upgrade from their current state !
Who's buying? Someone who sees value in what's left. You'll pay for the land and get a partial dwelling for free. Do the sums and it'll make sense for those that know. Tradesman/Developer, you know the type. Someone who has the skills and contacts.
The slab is good, as are the walls. Those two alone are worth a considerable build value alone.
Interested?
Give darren@central a call, and he'll show you why it just makes sense.
Council Rates: $2,000 per annum (approx.)
Date Built: 1979
Area Under Title: 817 square metres
Zoning Information: LR (Low Density Residential)
Status: Vacant possession
Easements as per title: None found
The size of Wulagi is approximately 1.3 square kilometres. It has 8 parks covering nearly 15.3% of total area. The population of Wulagi in 2011 was 2,619 people. By 2016 the population was 2,425 showing a population decline of 7.4% in the area during that time. The predominant age group in Wulagi is 0-9 years. Households in Wulagi are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Wulagi work in a professional occupation. In 2011, 67.4% of the homes in Wulagi were owner-occupied compared with 67.3% in 2016.
Wulagi has 890 properties. Over the last 5 years, Houses in Wulagi have seen a 25.62% increase in median value, while Units have seen a 22.30% increase. As at 30 September 2024:
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