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51/1 Resort Place, Gnarabup WA 6285

Sold price: $235,000 Sold: 26 Feb 2021
Sold
  • 1 Bedroom
  • 1 Bathroom
  • Landsize 40m2
Unit
51/1 Resort Place, Gnarabup WA 6285

BEACH UNIT - MARGARETS BEACH RESORT

•Second Floor Studio Apartment
• Fully Furnished
• Resort Style Accommodation
• Pool, Sauna, Restaurant, Bar
• One bedroom studio apartment recently renovated with new kitchen and bathroom and paint.

Overlooking a fully landscaped garden, playground area, the apartment boasts some ocean views as well. Solidly built, the apartment is very low maintenance in a fantastic coastal location, smack dab in the middle of a world class surf region. Family and friends can walk with ease to the White Elephant Cafe at Gnarabup and nearby family friendly swimming beaches or simply laze around the pool and adjoining Bar Restaurant, The Common. And the kids can muck about on the nearby sports ground.

Owners of these very affordable units have many options of use:
• Continue to leave in the rental pool and use when you can. This way you receive a monthly income of $1,531.55 and if you come down to stay, pay owners rates only which vary depending on Peak or Off Peak Season nightly rates.
Note: A Strata Levy Fee is deducted from this income.
• Take out of the pool and use yourself or manage yourself to the short stay holiday market.

Note: There is a $3,000 exit fee but if appropriate notice and timing of that exit as set out in the lease, this exit may be avoided.

• Leave vacant and you and friends use when down.
• Have a short stay company manage for you.
•Or even somebody who is fly in fly out which may suit the resort restrictions and workers swing shifts, and love to surf! Note any one person not able to occupy the unit for more than three months in any calendar year.

To inspect, just try to give us some notice as we need to confirm that the Unit is vacant as they are very popular with tourists.

Property features

  • Verandah  

Property snapshot by reiwa.com

This property at 51/1 Resort Place, Gnarabup is a one bedroom, one bathroom unit sold by Craig Bamford at Margaret River Real Estate First National on 26 Feb 2021.

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

Cost breakdown

  • Council rates: $1,698 / year
  • Water rates: $1,294 / year
  • Strata fees: $985 / 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.

51/1 Resort Place, Gnarabup sold on 26/2/2021 for $235,000.

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