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Private Unit For Sale By Owner In Margaret River, Western Australia
An opportunity exists to purchase one of the Margaret River Holiday Suites. With a 7% per annum return and situated in the centre of town on an under developed block, this quality unit is a good long term investment that will pay for itself.
Currently under management with the Margaret River Hotel this unit is providing $13336 P/A with outgoings of approx $3300. Management contract expires in November and has 2x 5 year options.
Financials for past 5 years demonstrate regular monthly payments by current management of not less than $13250 P/A.
Centrally located in the heart of the vibrant township of Margaret River and just a short Stroll from a vast array of restaurants, cafes, bars, galleries and gift shops, the Margaret River Holiday Suites offer the perfect place to stay while you fall in love with this world class wine growing region.
Close by are a multitude of tourist delights including the Jewel Lake and Mammoth Caves, spectacular coastline with pristine beaches and world class surf breaks, Karri Forests and magnificent scenery.
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31/2 Wilmott Av Margaret River WA
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