2/200 Wattle Point RoadForge Creek VIC 3875
Property Details for 2/200 Wattle Point Rd, Forge Creek
2/200 Wattle Point Rd, Forge Creek is a 3 bedroom, 3 bathroom House and was built in 2000. The property has a land size of 555m2. While the property is not currently for sale or for rent, it was last transferred in September 2014.
Last Listing description (September 2015)
WATERFRONT RETREAT AT WATTLE POINT IS AN EXCLUSIVE WATERFRONT BUSH RETREAT SET ON 20 ACRES WITH DIRECT FRONTAGE TO LAKE VICTORIA. THE FINAL LODGE IS JUST BEING COMPLETED SO THERE ARE NOW 19 LODGES AND A MANAGERS RESIDENCE, A POOL /SPA CENTRE, CONFERENCE FACILITY, TENNIS COURT AND JETTY. THE RETREAT HAS BEEN PURPOSE DESIGNED FOR TOURISM AND ALL THE LODGES ARE AVAILABLE FOR PURCHASE BY PRIVATE INVESTORS. INVESTORS CAN PURCHASE THE LODGES IN PART OR FULL USING THEIR SUPER FUNDS AND INVESTORS ALSO HAVE THE ADDED BONUS OF PERSONAL USE OF THE LODGE! ONE WEEK PER YEAR FREE, ADDITIONAL TIMES BY PAYING THE MANAGEMENT WHAT THEY WOULD HAVE EARNT. BECAUSE THE RETREAT IS REGISTERED AS AN INVESTMENT STRATEGY THE UNITS CAN BE PURCHASED USING SUPER ( EITHER 100% OR PART). THE SUPER FUND THEN ENJOYS THE EQUITY GROWTH AS WELL AS THE MONTHLY RETURN.WITH BUILDING 17 ( TWO ONE BEDROOM LODGES UNDER 1 ROOF), ARE BEING OFFERED FOR SALE. FROM NO BOOKINGS 3 YEARS AGO THE RETREAT SHOWS 90 - 100% OCCUPANCY FOR LONG WEEKENDS/ HOLIDAY PERIODS, 70-80% OCCUPANCY FOR NORMAL WEEKENDS, AND ITS ONLY MIDWEEK OFF SEASON THAT DROPS TO 30-40% ( AND IT IS THOSE TIMES WHICH ARE BEING TARGETED WITH THE CONFERENCE CENTRE) THE CONFERENCE CENTRE WAS OPENED IN AUGUST 2008 AND IS ALREADY SHOWING A STRONG AND GROWING RETURN ( BETWEEN AUGUST AND DECEMBER THERE WERE 5 CONFERENCES AND A WEDDING.)THE BUILDING BEING OFFERED FOR SALE HAS TWO 1 BEDROOM/ 1 BATHROOM SPLIT LEVEL LODGES. THESE ARE DESIGNED FOR COUPLES, EACH ONE BEDROOM LODGE WILL RENT OUT AS FOLLOWS:$200 PER NIGHT STANDARD TIMES (FEB 1- DEC 22) $260 PER NIGHT PEAK TIMES (DEC 23- JAN 31) $440 PER WEEKEND ( FRIDAY TO SUNDAY). THE ACTUAL RETURN TO THE BUILDING IS DOUBLE!! THERE IS ONE BUILDING THE SAME ALREADY OPPERATING THAT WAS OPENED LATE DECEMBER 2009 AND ITS ACTUAL RETURNS WERE $56,000 FOR THE 12 MONTH PERIOD (GROSS).PROPERTY CODE: 23
Property History for 2/200 Wattle Point Rd, Forge Creek, VIC 3875
- 21 Sep 2015Listed for Sale $525,000
- 29 Sep 2014Transferred
- 05 Jun 2006Sold for $299,000
Recent sales nearby
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About Forge Creek 3875
The size of Forge Creek is approximately 90.8 square kilometres. It has 2 parks. The population of Forge Creek in 2016 was 276 people. By 2021 the population was 346 showing a population growth of 25.4% in the area during that time. The predominant age group in Forge Creek is 10-19 years. Households in Forge Creek are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forge Creek work in a professional occupation.In 2021, 90.00% of the homes in Forge Creek were owner-occupied compared with 78.50% in 2016.
Forge Creek has 211 properties. Over the last 5 years, Houses in Forge Creek have seen a 10.19% increase in median value, while Units have seen a 64.44% increase. As at 30 November 2025:
- The median value for Houses in Forge Creek is $843,096 while the median value for Units is $525,286.
Suburb Insights for Forge Creek 3875
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