Sold
12/6 Westringia Loop, Margaret River WA 6285
Sold price: $295,000
Sold: 16 Feb 2021
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 202m2
Villa
View
AMAZING INVESTMENT PROPERTY!
With premium wineries, fabulous food, world - class surf and fascinating tourist attractions, Margaret River is Western Australia`s prime holiday destination!
So if you are looking for a Margaret River escape, this modern 2 bedrooms villa offers various options suitable for everyone! You can purchase it to live, breath and enjoy a peaceful lifestyle in a loving community.
Buy the property as an investment in the future.
With the latest stats showing the tourism growing significantly over in Margaret River, you can get great returns by either renting it out on AIRBNB, long term lease or simply benefit of the last year of the National Rental Affordability Scheme(NRAS) credit approved on the property.
This NRAS option offers excellent tax savings and positive cash flow!
The key features of investment in the scheme are:
It is a flexible system - investors may exit at any time
A competitive and transparent cost structure
Robust tenant selection and management
All relevant character, employment and past rental history checks
are carried out
Potentially lower vacancy and tenant turnover risk due to
attractive rents
Investors retain ultimate control over property maintenance and tenants
Strong cash flow - multiple income streams
The system has been developed by investors for investors.
The villa was built in 2011 and it`s bright, modern and very functional. It has an open plan kitchen, stainless steel appliances, high specifications finishes and the added bonus of inclusive landscaping. With the forest outlook right from your front door and a short walking distance to coffee shop, this villa will be the perfect opportunity!
Close to schools, local shops, parks and the town centre.
Please contact Frank Bonannella 0412 921 421 or [email protected]
for more information, to inspect the property or to make an offer.
Property features
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Air conditioned
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Carports
1
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Toilets
1
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Floor area
88m2
Property snapshot by reiwa.com
This property at 12/6 Westringia Loop, Margaret River is a two bedroom, one bathroom villa sold by Frank Bonannella at Perth Property Solutions on 16 Feb 2021.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Nearby schools
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
$905k
Median
$750k
Low end
$670k
This listing
7.9 %
Annual growth
$750k
Annual median sales price
$760pw
Annual median rental price