Reiwa Reiwa
222/1 Resort Place, Gnarabup WA 6285

222/1 Resort Place, Gnarabup WA 6285

Sold price: $225,000
Sold
Sold: 09 Jun 2022

1 Bedroom

1 Bathroom

Landsize 49m2

Unit

Contact the agent

Craig Bamford

0517922223

Margaret River Real Estate First National


BEACH UNIT - OWNER SAYS SELL NOW!

First to negotiate will buy.

• Second Floor Studio Apartment
• Fully Furnished
• Resort Style Accommodation
• Pool, Sauna, Restaurant, Bar
• Recently renovated with new kitchen and bathroom and paint.

Overlooking a fully landscaped garden, playground area, the apartment boasts some ocean views as well. Solidly built, the apartment is very low maintenance in a fantastic coastal location, smack dab in the middle of a world class surf region. Family & friends can walk with ease to the White Elephant Cafe at Gnarabup & nearby family friendly swimming beaches or simply laze around the pool and adjoining bar & restaurant, The Common. And the kids can muck about on the nearby sports ground.

Owners of these very affordable units have many options of use:
• Continue to leave in the rental pool and use when you can. This way you receive a monthly income of $1,531.55 and if you come down to stay, you pay owners rates which vary depending on Peak or Off Peak Season.
Note: 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.
Note: There is a $3,000 exit fee but if appropriate notice and timing of that exit as set out in the lease, this exit may be avoided.
• Leave vacant and you and friends use when down.
• Have a short stay company manage for you.
• Or even somebody who is fly in fly out and wants to base themselves close to the waves! Note any one person not able to occupy the unit for more than three months in any calendar year.

Property features

  • Verandah  

Cost breakdown

  • Council rates: $1,734 / year
  • Water rates: $908 / year
  • Strata fees: $996 / 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 #:4555373