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Investor Special!
Located in a fantastic group of units with a great community feel is this neat and tidy 2 bedroom unit.
Featuring open plan living and well appointed kitchen.
Small paved courtyard out from the living area to catch the sun and a single carport at the front.
Fabulous tenant in place under the National Rental Affordability Scheme.
The NRAS option offers excellent tax savings and a possible positive cash flow. The unit is currently leased at $209.60 per week which is 20% below market value. In return both the state and federal governments provide an annual cash payment in addition to the rent. (similar amount as annual rent) It is a flexible system where investors may exit at any time.
Keep as an investment, or use as your own holiday home or permanent base once the tenancy expires.
Call Andrew Spokes for further information - 0419 925 901
Property features
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Carports
1
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Toilets
2
Property snapshot by reiwa.com
This property at 25/6 Westringia Loop, Margaret River is a two bedroom, one bathroom unit sold by Darryl Helms and Andrew Spokes at Professionals DAD Realty on 07 Sep 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
$815k
Median
$710k
Low end
$625k
9.2 %
Annual growth
$710k
Annual median sales price
$700pw
Annual median rental price
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