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713 Pemberton-Northcliffe Road

Crowea WA 6262

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Great Investment Opportunity

Here is an investment opportunity and It's a good one.
Ideal for a semi-retired couple, Business owners or a young couple starting out, wanting a good investment, that can give them an income and their own private residence.

These strata-titled chalets located in the Warren River Resort are constructed out of rammed earth., well presented and adjacent to a large below ground swimming pool.

Plenty of options here, you could put a manager in place or live on-site with an income already in place and there is an opportunity to further increase your income.

The property consists of 2 buildings. One building has 2 x 3 bedroom chalets for short stay accommodation, each can have 8-9 guests.
The second building is a 3 bedroom cottage for the owner or manager residence and adjacent is a games room,(exclusive for your own guests) office, linen and storage. This chalet could easily be converted into another 3 bedroom chalet for short stay as all the infrastructure is in place. All fixtures, fittings and furniture that is supplied to lease the chalets, come with the property.

There are also great walking trails for guests to discover around the property, that lead to the Warren River.

All this is located on strata lot 11 of 728m2, which is part of a 16.8ha property and only 10klms from Pemberton Town.
Do your sums, you could not replace these chalets for the asking price.

Financials showing a 7% return on investment, will be supplied once prospective buyers fully understand the strata plan and workings of the complex.

Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.

Features

General Features

  • Commercial Type: Retail
  • Building Area: 448sqm

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