This large corner site has an approx 13m x 6m shed that is roughly half way through being converted into a 1 bedroom apartment. A lot of the plaster work is done, some internal electrical is done, some fittings are in place but nothing is finished. The current owner has put in 2 x 5000 gal tanks. The property has reasonable fences on 3 sides and has a shade house and a pet enclosure. The power isn't connected and Watchem has septic, no sewerage but mains water is connected. The owner is leaving plenty of building materials to continue on with the project.
So if you are looking for something to complete yourself then this might be a winner.
The size of Watchem is approximately 112.9 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Watchem in 2016 was 114 people. By 2021 the population was 124 showing a population growth of 8.8% in the area during that time. The predominant age group in Watchem is 50-59 years. Households in Watchem are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Watchem work in a managers occupation.In 2021, 74.00% of the homes in Watchem were owner-occupied compared with 69.60% in 2016.
Watchem has 147 properties. Over the last 5 years, Houses in Watchem have seen a 59.62% increase in median value. As at 31 December 2025:
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