SOLD
Sold on 16 Apr 2024 for $855,000

3/19-27 Spinnaker Boulevard
Geographe WA 6280

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 248m2
Land area: 374m2
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Property Details for 3/19-27 Spinnaker Bvd, Geographe

3/19-27 Spinnaker Bvd, Geographe is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 374m2 and floor size of 248m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Geographe in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
248m2
Land Size
374m2
Local Government
Busselton
Lot/Plan
3/S042163

Last Listing description (June 2024)

Embrace the extraordinary with this two-story gem in Port Geographe not just a property, but a canvas for unique income streams and the epitome of live-work harmony. Ideal for savvy investors or those seeking a lifestyle change, this residence seamlessly merges residential comfort with lucrative commercial potential.

Income Diversification:
Discover the untapped potential of short-stay accommodation, with Airbnb returns already averaging around $1,000 per week. The groundwork is done, and the sellers offer seamless transition assistance. Plus, the allure of including fully furnished Airbnb spaces in the deal.

Residential Elegance:
Experience comfort and style in the open-plan living, kitchen, and marina-view balcony. Three bedrooms, including a spacious master suite, offer a retreat after a day of seaside bliss.

Commercial Innovation:
Unlock the potential of this unique commercial space at Port Geographe Marina! With its spacious layout and abundant natural light, envision a multitude of business possibilities thriving within these walls. Whether it's a trendy hair salon, a vibrant art studio, a serene yoga retreat, or a dynamic fitness studio, the possibilities are endless. As the sole commercial space of its kind in the marina, seize this opportunity to establish your business in a rapidly growing area.

Summary Of Property Features:
Dual Functionality: Residential and commercial spaces designed for seamless coexistence or separate operation.
Good Short Stay Rental Income Potential
Open-Plan Living and Kitchen: Spacious, well-lit, perfect for relaxation.
Luxurious Master Spa Suite: Breathtaking marina views.
Comfort All Round: Zoned ducted air conditioning.

Commercial Features:
Dedicated Commercial Space: Ideal for diverse business ventures.
Functional Kitchen/Prep Area: Equip your business for success.
Convenient Dual Access: Front and rear entrances for ease.
Optimal Business Environment: Split system air conditioning.
Additional Storage Room: Catering to business needs.
Area Amenities:
Prime Location: A stone's throw from Port Geographe Marina and The Deck Bar & Bistro.
Proximity to Busselton City Centre: Quick trips to the heart of Busselton
Essential Amenities: Bayside IGA and fast-food options just a 5-minute drive away.

Other Features:
Laundry Area: Ample storage for convenience.
North-Facing Alfresco: Perfect for Sunday barbecues.
Dedicated Parking Bay and ample additional parking bays for visitors.
Instant Gas Hot Water System

Seize the Opportunity:
This property isn't just a home; it's an investment in a lifestyle where both comfort and commerce thrive. A rare chance to unlock the potential of multiple income streams in a location that blends idyllic living with business success. Dive into the best of both worlds today!

Property History for 3/19-27 Spinnaker Bvd, Geographe, WA 6280

A timeline of how this property has performed in the market
Last Sold
$855,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $855,000
  • 17 Mar 2023
    Listed for Sale From $869,000
  • 17 May 2022
    Sold for $800,000
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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 2,552 properties. Over the last 5 years, Houses in Geographe have seen a 96.06% increase in median value, while Units have seen a 141.02% increase. As at 31 July 2024:

  • The median value for Houses in Geographe is $848,110 while the median value for Units is $608,545.
  • Houses have a median rent of $670 while Units have a median rent of $578.
There are currently 19 properties listed for sale, and 1 property listed for rent in Geographe on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Geographe.

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Ben Lloyd
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Tim O'Sullivan
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LJ Hooker Property South West WA
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.