Reiwa Reiwa
31/105 Old Coast Road, Pelican Point WA 6230

31/105 Old Coast Road, Pelican Point WA 6230

Sold price: $110,000
Sold
Sold: 17 Aug 2022

2 Bedrooms

1 Bathroom

1 Car

Landsize 80m2

Unit

Contact the agent

Keaton Standley


SOLD BY KEATON STANDELY - Perfect and Rare Investment Opportunity!!

Are you looking for an investment with an assured annual return? Well, we have just that for you!! This 2-bedroom apartment with stunning pool views, located in the beautiful Sanctuary Golf Resort, is an easy investment with a guaranteed annual return.

Features include:
- Located in the Sanctuary Golf Resort
- 2 Bedroom
- 1 Bathroom, 1 Powder room
- Compact kitchen area
- Huge communal swimming pool for all patrons
- Discounted rates for owner stay
- Ducted heating & cooling
- Built in 1998
- Strata fees paid by the owner
- Fully furnished includes beds, curtains, lounges, Split-System air conditioning
- Owners receive use of the resort swimming pool, sauna, tennis court, golf shop &
restaurant 7 days a week
- Lease Expires - June 2024 currently at $1054.69 per month with annual reviews in place.
- Income of $12,660.00/pa (represents approx 10% gross return on asking price)
- Current costs include Strata Fees, Water & Council rates = approx $6100.00/pa (approx 5% net return on asking price)

Property features

  • Carports 1

Nearby schools

Eaton Primary School Primary Government 0.8km
Picton Primary School Primary Government 1.8km
Grace Christian School Combined Non-government 2.0km
Clifton Park Primary School Primary Government 2.4km
Eaton Community College Secondary Government 2.7km
Djidi Djidi Aboriginal School Primary Government 2.8km
Glen Huon Primary School Primary Government 3.0km
Bunbury Catholic College Secondary Non-government 3.8km
Cooinda Primary School Primary Government 4.2km
Carey Park Primary School Primary Government 5.0km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4564332