OFF MARKET

20/33 Spinnaker Boulevard
Geographe WA 6280

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 169m2
Land area: 255m2
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Last updated 14 Oct 2024
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Property Details for 20/33 Spinnaker Bvd, Geographe

20/33 Spinnaker Bvd, Geographe is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 255m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
House
Year Built
2014
Floor Size
169m2
Land Size
255m2
Local Government
Busselton
Lot/Plan
20/S055723

Last Listing description (June 2015)

Strongly Positive Cashflow (even after management fees), huge growth predicted, brand new, 3 bed, 3 bath townhouse right on the marina in an extremely envious locale.
Now enrich this formula with the fact that this is a stunning pad which the owner can use as a weekend getaway, and you have an investors perfect dream . . .
By their very nature, 3 bed, 3 bath townhouses are a rare beast indeed! Add to this a huge deck protruding over the Marina, the ocean a mere stones throw in the other direction, and the extremely rare concept of nearly 50sqm of water on your title. What a find!

Not hooked yet??
CASHFLOW:
Investors, put your calculators on overdrive and strap yourselves in for this ride . . .
Nestled quietly on this sought after peninsula between the ocean and the Marina in this sleepy hollow lies this immensely popular short stay accommodation goldmine of a property returning a whopping 8.5%pa! That equates to a clear $40k after management and cleaning costs!
GROWTH:
So you thought properties with high Cashflow AND Growth potential were a myth??
The locals are saying 'Port Geo is the new Mindarie Keys'.
New developments are now springing up all along this peninsula - the trucks are already out clearing the land. Plus millions and millions of dollars are being spent on the upgrade of the Port Geographe Marina. It's soon to become a beautiful park-laiden, family friendly Oasis. (Call Matt Coole for details on 0421 984 200).
In addition, historically speaking in marina precincts, the marina-side properties far outstrip the non-waterfront properties with respect to growth. In fact, water frontage properties have proved to rate amongst the highest growth properties worldwide!
Ladies and Gentlemen, this will be one of those rare doors that will be open for a matter of moments. Will YOU seize the moment and propel your life to the next level? If you're lucky enough to have seen this listing before the door closes then you MUST take action NOW!
Who you gonna call? Matt Coole - 0421 984 200
Cash Cow?? This is a Cash Tyrannosaurus!!

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Property History for 20/33 Spinnaker Bvd, Geographe, WA 6280

A timeline of how this property has performed in the market
Last Sold
$605,000
15 Apr 2015
  • 15 Apr 2015
    Sold for $605,000
  • 16 Feb 2015
    Listed for Sale $599,000
  • 26 Jul 2013
    Sold for $220,000

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About Geographe 6280

The size of Geographe is approximately 6 square kilometres. It has 8 parks covering nearly 1.9% of total area. The population of Geographe in 2011 was 3,205 people. By 2016 the population was 3,425 showing a population growth of 6.9% in the area during that time. The predominant age group in Geographe is 60-69 years. Households in Geographe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geographe work in a trades occupation. In 2011, 58.2% of the homes in Geographe were owner-occupied compared with 64.8% in 2016.

Geographe has 2,555 properties. Over the last 5 years, Houses in Geographe have seen a 98.63% increase in median value, while Units have seen a 168.35% increase. As at 30 September 2024:

  • The median value for Houses in Geographe is $871,938 while the median value for Units is $697,971.
  • Houses have a median rent of $680 while Units have a median rent of $580.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Geographe on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Geographe.

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