Reiwa Reiwa
21/1 Resort Place, Gnarabup WA 6285

21/1 Resort Place, Gnarabup WA 6285

Sold price: $395,000
Sold
Sold: 29 Nov 2023

2 Bedrooms

1 Bathroom

1 Car

Landsize 84m2

Unit

Contact the agent

Craig Bamford

0517922223

Margaret River Real Estate First National


SURF VIEWS TO MAINBREAK MARGARET RIVER

• 2nd Floor 2 Bedroom, 1 Bathroom Apartment with fantastic ocean views.
• Fully furnished.
• Resort Style Accommodation.
• Pool, Sauna, Restaurant, Bar.
2-bedroom beach units on the second floor rarely come to market. They are tightly held. Professional surfers and repeat guests request this room to keep an eye on the ocean. The views are that good. Enjoy staying at the resort when you can and in between holidays down south let the resort manage the apartment for you and take a very healthy monthly income from the lessee. Currently at $2,504.39. Family and friends can walk with ease to the White Elephant Cafe and Gnarabup Beach or simply laze around the pool and enjoy the convenience of the adjoining Bar/Restaurant, The Common.
There are numerous options on how owners of these units can choose to utilise these apartments.
• Continue to leave in the pool and use when you can. This way you receive a monthly income of $2,504.39 and if you come and stay, pay owners rates which vary on peak and off-peak nightly rates.
• Take out of the managed pool and use yourself and/or manage yourself to the short stay holiday market.
Note: there is a $3000 exit fee and individual service meters will need to be installed. Lease conditions outline options for this.
• Leave vacant and you and friends use when down.
• Have a short stay company mange for you.
Or even somebody who is fly-in fly-out, loves to keep an eye on the surf and which may suit your swings. Short stay restrictions still apply with the short stay zoning that the property has.
Note: any one person is not able to occupy the apartment for more than 3 months in any calendar year.

To arrange a time to inspect contact Craig Bamford. Exclusive Property Consultant to 210/1 Resort Place.
As lead time will be necessary to confirm the unit is vacant as they are very popular with tourists.

Property features

  • Carports 1
  • Verandah  

Cost breakdown

  • Council rates: $1,890 / year
  • Water rates: $1,200 / year
  • Strata fees: $1,423 / 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 8.5km
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 #:4761701