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4 / 43 RESORT PLACE, Gnarabup
$114,950 Sold!
Unit
  • 1 Bedrooms
  • 1 Bathrooms
  • 41 sq metres

Description

THE INVESTMENT: With an 11.5% gross return this hassle free investment with a secure lease in place offers a guaranteed return of $1150 per month. Apart from the below rates there are no other outgoings or unexpected expenses that you usually would encounter when investing in property.

THE UNIT: On its own title and with a share in the common property, the investment is a Studio Apartment within the resort complex.

THE RESORT: With a total of 67 Units within the complex the majority are leased to Margarets Beach Resort as tourist apartments and the balance are retail shops.

THE LOCATION: The resort has prime position just 500 metres from the beach and is 10kms from the tourist destination of Margaret River, approximately 270 kms south of Perth.

Call 9202 3602 or 0403 577 292 for further information or to arrange your inspection.

RATES:
Shire: $1485 per annum
Water: $800 per annum
Strata: $920 per quarter