OFF MARKET

2/256 Cosy Corner Road
Kronkup WA 6330

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 427m2
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Property Details for 2/256 Cosy Corner Rd, Kronkup

2/256 Cosy Corner Rd, Kronkup is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2001. The property has a land size of 427m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
2001
Floor Size
91m2
Land Size
427m2
Local Government
Albany
Lot/Plan
2/S037046

Last Listing description (March 2022)

Cosy Corner is one of the region's favourite coastal holiday destinations.
Near the fringe of West Cape Howe National Park, it has safe bathing beaches, excellent fishing and surfing spots and numerous other tourist attractions close by.
A few minutes' walk from the shore, this holiday villa is part of the attractive Cosy Corner Cottages complex offering quality short-term accommodation. It provides an opportunity for an investor to purchase the property and benefit from a great income as well as using it for their own holidays for up to three months a year.

Typically booked out during the school holidays and long weekends, the villa is currently enjoying a terrific record of occupancy and producing excellent investment returns of approximately $40,000 per annum (gross).
Completely self contained (with the exception of linen), the stylish double brick and Colorbond villa is freestanding and has a carport under the main roof and a large undercover deck area at the rear for outdoor barbeques and relaxation. The building is surrounded by a vast array of carefully planted natives, effectively screening it from the other villas in the group and providing privacy and a sense of seclusion, despite being in close proximity to the award-winning caf (The Cape Bar Store Caf) and other communal facilities on offer to occupants staying at the complex.
Inside, the villa is fully furnished and has modern appliances, and all the crockery, cutlery and bedding are supplied for immediate use.
The large, sun-filled open plan kitchen, dining and living area enjoys a centrally positioned wood fire that keeps the unit toasty warm on even the chilliest of evenings. The kitchen is full size and includes everything you would expect when staying in a home away from home, such as a full size fridge with freezer, 4 burner gas cooktop, under bench oven, double sink, island bench for extra preparation and storage space, microwave, coffee machine, kettle and toaster.
Situated in a wing off to the side of the open plan area, both bedrooms are double sized and have built in robes. The bathroom, well located between the two bedrooms, has a shower, vanity and deep bath to soak your cares away in. There is even a full sized laundry found near the entrance to the villa, complete with washing machine, clothes dryer, trough and storage cupboard, and here is also access to the separate toilet.
The unit is immaculately maintained and a management service is available to take care of all bookings and maintenance of units and grounds.
On-site recreation facilities include a tennis court and a games room with table tennis and a pool table, while the diversity of attractions outside the complex makes this a prime spot for exploring this stretch of the south coast.
There's hang gliding at nearby Shelley Beach, wineries, bush walks, the local Cosy Corner caf and store for supplies, meals and bicycle hire, and a variety of galleries and workshops.
While this special retreat enjoys tranquility and privacy, the complex is easily accessible Albany is 20 minutes by road and Denmark is 30 minutes.
Selling well below replacement cost, please contact Lee Stonell on 0409 684 653 or lee@merrifield.com.au to arrange an inspection of this fantastic investment opportunity today.

What you need to know:
- Investment opportunity
- Zone for short-term holiday accommodation
- Good occupancy record and excellent investment returns
- In immaculate complex close to beach
- Owner may occupy for up to three months a year
- Double brick and Colorbond construction
- Fully furnished, linen, crockery and all appliances included
- Open lounge, dining and kitchen
- Rear undercover patio with outdoor setting and barbecue
- Queen-sized main bedroom with BIR
- Twin-bedded room with BIR
- Bathroom with shower, vanity and bath
- Full size laundry with washing machine and clothes dryer
- Separate toilet
- Carport under the main roof
- Shared recreation facilities tennis, table tennis, pool
- Meters from the local caf and store selling food, beverages, including alcohol, and local goods
- Near national park and numerous tourist attractions
- 20 minutes to Albany, 30 minutes to Denmark
- City of Albany Rates $1,586.75 per annum
- Strata Levies $3,796.92 per annum

Property History for 2/256 Cosy Corner Rd, Kronkup, WA 6330

A timeline of how this property has performed in the market
Last Sold
$210,000
02 Nov 2021
Listed for Rent
$290/w
19 May 2009
  • 02 Nov 2021
    Sold for $210,000
  • 21 Oct 2021
    Listed for Sale $210,000
  • 19 Aug 2015
    Listed for Sale $245,000 - $265,000
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About Kronkup 6330

The size of Kronkup is approximately 36.5 square kilometres. It has 1 park covering nearly 0.7% of total area. The population of Kronkup in 2011 was 468 people. By 2016 the population was 200 showing a population decline of 57.3% in the area during that time. The predominant age group in Kronkup is 50-59 years. Households in Kronkup are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Kronkup work in a professional occupation. In 2011, 82.8% of the homes in Kronkup were owner-occupied compared with 88.2% in 2016.

Kronkup has 240 properties. Over the last 5 years, Houses in Kronkup have seen a 131.07% increase in median value, while Units have seen a 87.79% increase. As at 30 November 2024:

  • The median value for Houses in Kronkup is $905,961 while the median value for Units is $359,170.
There are currently 2 properties listed for sale, and no properties listed for rent in Kronkup on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Kronkup.

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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.