Situated in the heart of Margaret River central to all the groovy cafes, bars and shops this vibrant tourist town has to offer. This luxurious short stay apartment offers 2 bedrooms, 2 bathrooms with lovely forest views, river walk trails and a pool to relax by. Sold as a walk in walk out with all furnishings included.
The property is currently under lease until the 01/01/2025 returning $25,360 net per annum, it is leased by LLB Management who run a short stay holiday accommodation business. LLB Management pay all outgoings including strata, water, power, rates etc, giving you a great return, with monthly instalments being paid to the owner of just over $2113.
Written into the lease, the owner can make use of the apartment for up to 10 days free of charge each year, if you add in the value of the free holidays this is makes a fantastic investment opportunity. In a low interest rate environment, an investment like this beats the bank and provides a holiday each year!
The complex offers fabulous facilities including a sparkling swimming pool, tennis court, stunning gardens, and superb conference room facilities. The double brick construction and town centre location makes this an ideal base from which to sample the best of Margaret River, as well as a good investment.
Walk or ride through the forest trails to the river just 270m away or stroll into town for a night out. This little gem is the perfect option for holidays and return on investment.
Inspections
No open inspections scheduled.
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Contact Brook Palmateer to learn more about this property, request an inspection or take an online tour.
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Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.