OFF MARKET

57 Mill No. 1 Road
Boorara Brook WA 6262

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 802m2
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Last updated 16 Dec 2024
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Property Details for 57 Mill No. 1 Rd, Boorara Brook

Building Type
Unknown
Land Size
802m2
Local Government
Manjimup
Lot/Plan
205/P035155

Last Listing description (January 2015)

RENO'S NEAR TO COMPLETION
It is with some reluctance that the current Owners place this property on the market as it has to be sold. As you can see they have added a new kitchen and started on the laundry/bathroom, all you need to do is add the finishing touches.
A completely renovated cottage was sold just recently for $115,000 so you can see the value on offer here, so don't leave it too long to arrange your viewing.

What do you need to know?
*The property is a leasehold property with 10 years remaining plus a further option of 21 years after that (yes that's why it's cheap!).
*The fees are $1,169 per quarter with buildings insurance (or $1,079 with your own insurance)
*A copy of the sub-lease can be easily emailed to you upon request
*There are no Shire rates, these are within the lease
*Water supply is via the Gardener River and owners have rain water tanks for drinking
*There is a caretaker living on site
*Only 24 Km's to the coast at Windy Harbour
*People have renovated their cottages and used them for holiday homes, permanent homes or rented out as long-term investments with an excellent return.
Additional feature/s - Decking.

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Property History for 57 Mill No. 1 Rd, Boorara Brook, WA 6262

A timeline of how this property has performed in the market
  • 01 Dec 2014
    Listed for Sale $89,900

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About Boorara Brook 6262

The size of Boorara Brook is approximately 280.6 square kilometres. It has 9 parks covering nearly 103.2% of total area. The population of Boorara Brook in 2011 was 491 people. By 2016 the population was 97 showing a population decline of 80.2% in the area during that time. The predominant age group in Boorara Brook is 60-69 years. Households in Boorara Brook are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Boorara Brook work in a managers occupation. In 2011, 81.8% of the homes in Boorara Brook were owner-occupied compared with 70.4% in 2016..

Boorara Brook has 177 properties. Over the last 5 years, Houses in Boorara Brook have seen a 95.42% increase in median value. As at 30 November 2024:

  • The median value for Houses in Boorara Brook is $772,750.
There are currently 1 property listed for sale, and no properties listed for rent in Boorara brook on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Boorara brook.

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