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113 Yates Road, Margaret River WA 6285
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Sold: 27 Jun 2019
Sold
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11 Bedrooms
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8 Bathrooms
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5 Cars
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Landsize 43,900m2
House
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Acacia Chalets
SELLERS HAVE ADJUSTED THE ASKING PRICE AND ARE COMMITTED TO SELL.
With consistent occupancy rates of 80% PLUS over the past four years and a ROI of approx 11% this is a very attractive property.
Set on 4.39ha amongst natural bushland and overlooking a stunning dam, Acacia Chalets comprises 3 well designed and quality built AAA 4.5 star rated self catering chalets plus a substantial managers residence/guest house.
Showcasing feature limestone walls and sold timber floors the chalets and managers residence /guesthouse have been luxuriously appointed with quality furniture and appliances and exude warmth, comfort and style, each with their own large timber deck and private uninterrupted bush outlook.
Consistently rated #1 or #2 on TripAdvisor for Specialty Lodgings in Margaret River, recipient of The TripAdvisor Certificate of Excellence since 2008 and most recently recipient of the 2017 Recognition for Excellence Award from Hotels Combined Acacia Chalets boasts excellent trading figures, high occupancy rates and offers a solid ROI.
Situated in the Heart of the Margaret River Wine Region and located perfectly between the town ship of Margaret River and the pristine beaches of Gnarabup and Prevelly, Acacia Chalets is only minutes from world renowned wineries, restaurants, world class surf breaks and the stunning karri forests the south west has to offer.
A comprehensive information brochure is available on request.
Full financials and plant and equipment are available after signing confidentiality agreement.
Property features
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Carports
5
Property snapshot by reiwa.com
This property at 113 Yates Road, Margaret River is a eleven bedroom, eight bathroom house sold by Ken Preston and Sarah Twine at Ray White Stocker Preston on 27 Jun 2019.
Looking to buy a similar property in the area? View other eleven bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
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Margaret River overview
The townsite of Margaret River is located in the south west agricultural area, 277 kilometres south southwest of Perth and 48 kilometres south southwest of Busselton. It is located on the Margaret River from which it derives its name. The precise origin of the naming of the river is not known, but it was possibly named by John Bussell in honour of Margaret Wyche, a friend in England who was expected to follow the Bussell's to Australia. The name is first shown on a map of the region published in 1839.
In 1910 the Margaret River Progress Association wrote to the Minister for Lands requesting a townsite be declared at "the Upper Margaret Bridge". The reason given was that "the district is likely to be dotted with public buildings several miles apart in the near future if a townsite is not made available shortly". The District Surveyor who inspected the area preferred an area near the lower bridge on Caves Road, but this land was not available. Lots were surveyed in 1912, and the Townsite of Margaret River gazetted in 1913. In 1918 the name of the townsite was changed to "Margaret", but it was changed back to Margaret River in 1927, due to local usage of the name always being Margaret River.
Margaret River quick stats
High end
$820k
Median
$708k
Low end
$620k
9.0 %
Annual growth
$708k
Annual median sales price
$700pw
Annual median rental price
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