$500,000

3 Bed  •  2 Bath  •  2 Car  •  521m²

Main view of Homely house listing, 1 Fry Place, Margaret River WA 6285
Second view of Homely house listing, 1 Fry Place, Margaret River WA 6285
Third view of Homely house listing, 1 Fry Place, Margaret River WA 6285
+9

Sold

1 Fry Place, Margaret River WA 6285

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$500,000

  • 3
  • 2
  • 2
  • 521m²

House Sold on Wed 5 May, 2021

What's around Fry Place

House description

“Fantastic return on investment!”

This property situated in one of the best areas of rapids landing. Built in 2013 by Ventura Homes it has won awards for its outstanding design and floorplan layout. Elevated and north facing, giving you beautiful parkland views. The home has 3 large bedrooms, 2 high spec modern bathrooms, spacious kitchen and an open plan living/dining area. Wide hallways, high ceilings, quality carpets and flooring throughout and reverse cycle aircon to keep the place warm in winter and cool in summer.

Added to that a spacious laundry room and an oversized double lock up garage with room for all the extras as well. Great outdoor entertaining area with beautiful established gardens.

Another wonderful thing about this home is the potential to build a studio/ancillary accommodation (subject to Council Approval) above the garage for added income.

Currently rented through G.R.O.H (Government Regional Officer Houses) with a guaranteed rental price locked in at $500 per week for the next two years where you will pocket the full $500 per week as there are no agency fees! Giving you over a 5% gross return on your investment.

What's not to love about this home and location? All of this on a corner block, close to town, school and all amenities, overlooking nature and only a short drive to the famous wineries and beaches of the Margaret River region.

Land details

Area: 521m²
Fourth view of Homely house listing, 1 Fry Place, Margaret River WA 6285View more
Fifth view of Homely house listing, 1 Fry Place, Margaret River WA 6285View more

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1 Fry Place, Margaret River WA 6285
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