OFF MARKET

12 Riedle Drive
Gnarabup WA 6285

Bedrooms: -
Bathrooms: -
Car spaces: 21
Floor area: 1052m2
Land area: 6015m2
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Property Details for 12 Riedle Dr, Gnarabup

Building Type
Commercial
Floor Size
1052m2
Land Size
6015m2
Local Government
Augusta-Margaret River
Lot/Plan
2281/D095551

Last Listing description (April 2013)

ENJOY A RELAXED SEA CHANGE LIFESTYLE IN MARGARET RIVER / PREVELLY - 79 BEDS
-Freehold modern budget motel style resort located within walking distance of the beach.
-Great potential for an owner operator to enjoy a relaxed beach side lifestyle

-Separate two level manager???s residence with fabulous ocean and surf views
-Suitable for off campus facility, school or charitable organisation, corporate staff retreat training
-26 rooms (79 Beds) including 10 rooms with en-suites over 4 separate buildings. Total 1,052 sqm.
-Main building comprises reception ,office, TV lounge, dining area, games room, fully serviced kitchen, self service laundry, swimming pool, bbq area plus on- site parking area.
-6,015 sqm including excess land is available for development.
-Sold with vacant possession on a Walk-in / Walk- out basis, owners may consider a 12 months leaseback.
-The owners are genuine sellers and absolutely all offers will be presented on or before Thursday 6 December 2012.
FOR DETAILED INFORMATION MEMORANDUM CONTACT:
BRAD SMYTH ??? PREMIUM PROPERTY - 0412 388 222
ERIC ROGERS ??? METWAY REAL ESTATE ??? 0412 228 555
Metway Office 9228 2255

Property History for 12 Riedle Dr, Gnarabup, WA 6285

A timeline of how this property has performed in the market
Last Sold
$1,350,000
19 Mar 2013
  • 19 Mar 2013
    Sold for $1,350,000
  • 04 Nov 2012
    Listed for Sale Not Disclosed

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About Gnarabup 6285

The size of Gnarabup is approximately 2.5 square kilometres. It has 4 parks covering nearly 92.4% of total area. The population of Gnarabup in 2011 was 351 people. By 2016 the population was 467 showing a population growth of 33.0% in the area during that time. The predominant age group in Gnarabup is 40-49 years. Households in Gnarabup are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Gnarabup work in a managers occupation. In 2011, 61.9% of the homes in Gnarabup were owner-occupied compared with 71.6% in 2016.

Gnarabup has 443 properties. Over the last 5 years, Houses in Gnarabup have seen a 98.52% increase in median value, while Units have seen a 63.27% increase. As at 31 December 2024:

  • The median value for Houses in Gnarabup is $1,128,122 while the median value for Units is $449,426.
There are currently 5 properties listed for sale, and no properties listed for rent in Gnarabup on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Gnarabup.

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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.