Reiwa Reiwa
115/1 Resort Place, Gnarabup WA 6285

115/1 Resort Place, Gnarabup WA 6285

Sold price: $347,000
Sold
Sold: 05 Jan 2022

2 Bedrooms

2 Bathrooms

1 Car

Landsize 84m2

Unit

Contact the agent

Craig Bamford

0517922223

Margaret River Real Estate First National


TWO STOREY BEACH UNIT

• 2 storey townhouse
• Overlooks pool and sauna
• Ocean views over pool
• Fully furnished
• Resort style accommodation
• Pool, Sauna, Restaurant, Bar,
• 2 Bedroom, 2 Spa Apartment
This apartment is very low maintenance in a fantastic coastal location. The units are short stay only. Not able to permanently live in. The lesee pays for power/water etc. Owners pay shire & water rates. Fixed income regardless of occupancy.

Owners of these very affordable units have many options of use:
• Continue to leave in the rental pool and use when you want. This way you receive a monthly income and if you come down to stay, pay owners rates only which vary depending on Peak or Off Peak nightly rates (nb: a Strata Levy Fee is deducted from this income)
• Take out of the pool and use yourself or manage yourself to the short stay holiday market. (nb: there is a $3,000.00 Exit Fee but if appropriate notice and timing of that Exit is given as set out in the lease this Fee may be avoided).
• Leave vacant and you and your friends use when down.
• Have a short stay company manage for you.
• Or even somebody who is ‘fly In/fly out’ which may suit the resort restrictions, the working swing shift and love to surf.

Property features

  • Carports 1

Cost breakdown

  • Council rates: $1,957 / year
  • Water rates: $1,362 / year
  • Strata fees: $1,476 / quarter

Nearby schools

Margaret River Montessori School Primary Non-government 7.6km
St Thomas More Catholic Primary School Primary Non-government 8.1km
Margaret River Senior High School Secondary Government 8.5km
Margaret River Primary School Primary Government 8.6km
Rapids Landing Primary School Primary Government 8.8km
Margaret River Independent School Primary Non-government 13.2km
Cowaramup Primary School Primary Government 18.7km
Karridale Primary School Primary Government 26.7km
Yallingup Steiner School Primary Non-government 35.6km
Augusta Primary School Primary Government 39.1km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4545130