OFF MARKET

19 Victoria Highway
Kununurra WA 6743

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 299m2
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Last updated 2 Sep 2024
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Property Details for 19 Victoria Hwy, Kununurra

19 Victoria Hwy, Kununurra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 299m2 and floor size of 85m2.

Building Type
Unit
Year Built
2013
Floor Size
85m2
Land Size
299m2
Local Government
Wyndham-East Kimberley
Lot/Plan
21/S056812

Last Listing description (November 2023)

We are proud to present this amazing opportunity for the Astute investors looking for passive income and a short term holiday destination. Currently on offer* 2 x 2 bedroom permanent fully furnished apartments* 4 x 3 bedroom short stay fully furnished apartments* 11 x 1 bedroom short stay fully furnished apartmentsBy owning a short-stay apartment in the exclusive Freshwater East Kimberly resort, you can expect an average gross return of around 15% (Net return of about 7% after all expenses).Better than having your money in the bank!These Apartments operate on a shared profit basis allowing for short-term accommodation with owners having some access at certain times of the year. Expertly managed with on-site reception and secure and well-maintained surrounds, this would make a great addition to your property portfolio.Holiday in luxury and indulge in all the extras, including the resort swimming pool, beautiful gardens and BBQ facilities. Residents have access to all amenities year-round and earn a generous income when not using them. Each Apartment has been designed to be energy efficient, environmentally responsible and sensitive to the local environment and climatic conditions. Arguably the best resort in Kununurra. Suitable for Self-managed Super Funds, this managed investment offers much more than just good returns. Experienced managers have been appointed to manage the resort, maintain grounds and buildings, oversee housekeeping services and handle the day-to-day administrative requirements of the business. This gives owners the peace of mind that their investment is being carefully managed and maintained by a professional operator with an incentive to provide the owner with the best possible investment return.Contact Kylie - 0409089669 - sales@colmanmagiatis.com or Paul Magiatis - 0414305252 - paul@colmanmagiatis.comDisclaimer: The above information has been provided by sources we deem to be reliable. We do not accept any responsibility to any person for its accuracy. All interested parties should rely upon their own enquiries in order to determine the accuracy of this information.

Property History for 19 Victoria Hwy, Kununurra, WA 6743

A timeline of how this property has performed in the market
  • 30 Mar 2023
    Listed for Sale FROM $330K - $615K
  • 28 Feb 2017
    Listed for Sale $340,000 - $360,000
  • 05 Aug 2016
    Listed for Sale $340,000 - $360,000

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About Kununurra 6743

The size of Kununurra is approximately 2,173.9 square kilometres. It has 15 parks covering nearly 28% of total area. The population of Kununurra in 2011 was 5,525 people. By 2016 the population was 5,318 showing a population decline of 3.7% in the area during that time. The predominant age group in Kununurra is 0-9 years. Households in Kununurra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kununurra work in a professional occupation. In 2011, 35.7% of the homes in Kununurra were owner-occupied compared with 34.6% in 2016.

Kununurra has 2,824 properties. Over the last 5 years, Houses in Kununurra have seen a 48.31% increase in median value, while Units have seen a 75.27% increase. As at 31 July 2024:

  • The median value for Houses in Kununurra is $380,854 while the median value for Units is $279,954.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 26 properties listed for sale, and no properties listed for rent in Kununurra on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Kununurra.

Suburb Insights for Kununurra 6743

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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.