Strong Return 7.5% Plus Outgoings
This well-positioned commercial unit is in the convenient coastal location of Gnarabup Beach Resort. The conveniently located unit offers 55m2 of commercial space with dual entry. The opening entry is directly opposite the Margaret River Resort car park, and the other is behind, with access via the walkway between the pool and The Common.
With a 7.5% return, a current lease is in place until June 2026 with a rental of $18.898.92 plus GST + outgoings, an annual 3% increase on the 1st of July each year.
Tenant’s outgoings include:
Shire Rate $2,220.65
Water Rates are $190 for 2 months
Strata Fees are $904.70 per quarter
Electricity changes as usage
Unit 66 / 1 Resort Place is ideal for an investor looking for a solid investment in the prominent beachside location of Gnarabup.Contact Agent