OFF MARKET

125/1 Resort Place
Gnarabup WA 6285

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 86m2
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Property Details for 125/1 Resort Pl, Gnarabup

125/1 Resort Pl, Gnarabup is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 86m2 and floor size of 75m2.

Building Type
Unit
Year Built
1999
Floor Size
75m2
Land Size
86m2
Local Government
Augusta Margaret River

Last Listing description (November 2018)

Ground Floor Spa Apartment
Fully Furnished
Resort Style Accommodation

Pool, Sauna, Restaurant, Bar, Surf Shop
Two bedroom spa apartment recently renovated with new kitchen and bathroom and paint.
Ground floor overlooking a fully landscaped garden, playground area. Solidly built, the apartment is very low maintenance in a fantastic coastal location, smack dab in the middle of a world class surf region. Family and friends can walk with ease to the White Elephant Cafe at Gnarabup and nearby family friendly swimming beaches or simply laze around the pool and adjoining Bar Restaurant, The Common. And the kids can muck about on the nearby sports ground.
Owners of these very affordable units have many options of use:
Continue to leave in the rental pool and use when you can. This way you receive a monthly income as of $1982.71 and if you come down to stay, pay owners rates only which vary depending on Peak or Off Peak Season nightly rates.
Note: A Strata Levy Fee is deducted from this income.
Take out of the pool and use yourself or manage yourself to the short stay holiday market.
Note: There is a $3,000 exit fee but if appropriate notice and timing of that exit as set out in the lease, this exit may be
avoided.
Leave vacant and you and friends use when down.
Have a short stay company manage for you.
Or even somebody who is fly in fly out which may suit the resort restrictions and workers swing shifts, and love to surf! Note any one person not able to occupy the unit for more than three months in any calendar year.
To inspect, give your Margaret River Real Estate First National Property Consultant a call to arrange as we need to confirm that the Unit is vacant as they are very popular with tourists.

Property History for 125/1 Resort Pl, Gnarabup, WA 6285

A timeline of how this property has performed in the market
  • 01 Jul 2018
    Listed for Sale $235,000

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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 444 properties. Over the last 5 years, Houses in Gnarabup have seen a 98.11% increase in median value, while Units have seen a 323.82% increase. As at 31 October 2024:

  • The median value for Houses in Gnarabup is $1,061,883 while the median value for Units is $468,718.
There are currently 7 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.