SOLD
Sold on 25 May 2024 for $260,000

51/1 Resort Place
Gnarabup WA 6285

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 40m2
Sold By
Acton Belle Property South West
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Property Details for 51/1 Resort Pl, Gnarabup

51/1 Resort Pl, Gnarabup is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 40m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Gnarabup in the last 12 months.

Building Type
Unit
Year Built
1999
Land Size
40m2
Local Government
Augusta-Margaret River
Lot/Plan
51/S035875

Last Listing description (July 2024)

Express sale: all offers presented by 7th June 2024 (unless sold prior).

What an amazing opportunity to purchase your own ultimate holiday pad in the Margaret River Wine Region.

This fantastic 1 bedroom, 1 bathroom studio apartment is located at the Margarets Beach Resort and is the perfect place to holiday down South. As an owner you can enjoy the resort for up to 90 days of the year and have the option to either self-manage or employ a manager to capitalise on the returns an apartment in this location can help you realise.

Not only is the beach close by you can also enjoy the resort facilities including the large heated outdoor pool, BBQ area, sauna, an on-site restaurant and kids' playground. This is the perfect chance to have an easy-care holiday pad without any of the maintenance responsibilities.

- Stunning 1 bedroom, 1 bathroom studio apartment
- Located on the second floor of a two-storey complex
- Open plan design with air-conditioning
- Comfortable balcony offering ocean views
- Apartment style kitchenette with a fridge and plenty of storage space
- Full bathroom with laundry facility
- Quality window treatments, floor coverings and light fittings
- Single covered parking bay
- Fully furnished if required
- Strata fees approximately $4,500 per year

The current owner enjoys the substantial financial returns that an apartment like this can generate. Past financials are available on request.

Are you looking for an investment in the area with the opportunity to use at your leisure? This apartment is the ultimate hassle-free holiday pad and is well located to enjoy all that Margaret River and the South West has to offer!

Property History for 51/1 Resort Pl, Gnarabup, WA 6285

A timeline of how this property has performed in the market
Last Sold
$260,000
25 May 2024
  • 25 May 2024
    Sold for $260,000
  • 13 May 2024
    Listed for Sale Express sale
  • 21 Sep 2022
    Listed for Sale $240,000
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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 446 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 9 properties listed for sale, and no properties listed for rent in Gnarabup on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Gnarabup.

Suburb Insights for Gnarabup 6285

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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.