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21/1 Resort Place, Gnarabup WA 6285

Sold price: $395,000 Sold: 29 Nov 2023
Sold
  • 2 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 84m2
Unit
21/1 Resort Place, Gnarabup WA 6285

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  

Property snapshot by reiwa.com

This property at 21/1 Resort Place, Gnarabup is a two bedroom, one bathroom unit sold by Craig Bamford at Margaret River Real Estate First National on 29 Nov 2023.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Gnarabup or see other recently sold properties in Gnarabup.

Cost breakdown

  • Council rates: $1,890 / year
  • Water rates: $1,200 / year
  • Strata fees: $1,423 / quarter

Nearby schools

7.6km
Margaret River Montessori School
  • Primary
  • Non-government
8.1km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
8.5km
Disclaimer

Gnarabup overview

Are you interested in buying, renting or investing in Gnarabup? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Gnarabup offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.

Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.

Gnarabup quick stats

High end $2.0m
Median $1.7m
Low end $1.6m
54.5 %
Annual growth
$1.7m
Annual median sales price
N/A
Annual median rental price

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FAQ's

The average number of selling days in Gnarabup is 173 days.

The median house price in Gnarabup is $1,700,000.

21/1 Resort Place, Gnarabup sold on 29/11/2023 for $395,000.
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