OFF MARKET

206/1 Resort Place
Gnarabup WA 6285

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 86m2
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Last updated 6 Jan 2025
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Property Details for 206/1 Resort Pl, Gnarabup

206/1 Resort Pl, Gnarabup is a 2 bedroom, 1 bathroom Unit. The property has a land size of 86m2.

Building Type
Unit
Land Size
86m2
Local Government
Augusta-Margaret River

Last Listing description (November 2022)

*2nd Floor 2 Bedroom 1 Bathroom Apartment with amazing ocean views*Fully furnished*Resort Style Accommodation*Pool, Sauna, Restaurant, BarThis is a true rarity at Margarets Beach Resort. It is 15 years since an apartment on the second floor in this block to come to market. They are that tightly held. Professional surfers request this room when the contest is on so that they can keep an eye on the surf at Mainbreak. The views are that good. Enjoy staying at the resort when you can and in-between holidays down south let the Resort manage the apartment for you and take a very healthy monthly income from the lessee. Family and friends can walk with ease to the White Elephant Cafe at Gnarabup Beach or simply laze around the pool and enjoy the convenience of the adjoining Bar/Restaurant The Common.There are numerous options on how owners of these units can choose to utilise these apartments.*Continue to leave in the rental pool and use when you can. This way you receive a monthly income of $1,982 and if you come and stay, pay owners rates which vary on peak and off peak nightly rates.*Take out of the managed pool and use yourself and/or manage yourself to the short stay holiday market.Note: there is a $3000 exit fee and individual service meters will need to be installed. Lease conditions outline options for this.*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, loves to keep an eye on the surf and which may suit your swings. Short stay restrictions will still apply.Note any one person is not able to occupy the apartment for more than 3 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 Apartment is vacant as they are very popular with tourists.

Property History for 206/1 Resort Pl, Gnarabup, WA 6285

A timeline of how this property has performed in the market
  • 02 Sep 2022
    Listed for Sale $365,000

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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 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.