Sold
63 Inlet Drive, Denmark WA 6333
Sold price: $450,000
Sold: 05 May 2021
Sold
-
10 Bedrooms
-
10 Bathrooms
-
3 Cars
-
Landsize 1.01ha
House
View
The Denmark Waterfront Motel
Under Instructions from the Agents for the Mortgagee.
7 Strata units in a 15 strata unit tourist development on 1.01 hectares of beautiful land fronting the Wilson Inlet in central Denmark.
Offered for sale is: Main reception and restaurant building, managers residence, 2 two storey studio apartments and 4 motel suits.
With the amalgamation of all the strata lots under the one ownership (subject to negotiations with those individual owners) there may be an opportunity to bring to an end the strata plan so as to take greater advantage of the total site area for any future development.
There is a lapsed approval for an additional 32 accommodation units on the site.
The property has not been in operation for a number of years. It is being sold with vacant possession. No trading figures are available.
Expressions of interest close Wednesday 21st April 2021.
Contact the listing agents:
Kim Barrow Ray White Denmark 0427 481 498 e: [email protected]
Phil Zoiti Ray White Commercial 0419 993 656 e: [email protected]
Brett Wilkins Ray White Commercial 0478 611 168 e: [email protected]
Property features
-
Garages
1
-
Carports
2
Property snapshot by reiwa.com
This property at 63 Inlet Drive, Denmark is a ten bedroom, ten bathroom house sold by Kim Barrow at Ray White Denmark on 05 May 2021.
Looking to buy a similar property in the area? View other ten bedroom properties for sale in Denmark or see other recently sold properties in Denmark.
Nearby schools
Denmark overview
The townsite of Denmark, located on the south coast 51 kilometres west of Albany, was gazetted a townsite in 1909. It is located on the Denmark River from which it derives its name, the river having been named by the explorer Dr J B Wilson RN in December 1829. Wilson named it the "Denmark" in compliment to his friend Dr. Alexander Denmark R.N. a physician to the fleet. The Aboriginal name "Koorrabup", recorded by Alfred Hillman in 1833, also refers to this area.
Although a townsite was not declared here until 1909, a settlement of this name had existed here for some years previous. A Millars Bros. Timber mill was established on the banks of the river in 1894.
Denmark quick stats
High end
$650k
Median
$545k
Low end
$490k
6.9 %
Annual growth
$545k
Annual median sales price
$575pw
Annual median rental price
