7 Panorama DrivePreston Beach WA 6215
Property Details for 7 Panorama Dr, Preston Beach
Last Listing description (April 2023)
The Ultimate Seachange - Management Rights Preston Beach | Resort Brokers ID : MR007100
Enjoy the benefits of this modern 77 unit Resort complex located near the magnificent Indian Ocean beach front of Preston Beach, on Western Australia's South Coast.
An exceptional $246,405 Body Corporate salary, combined with 24 years remaining on the Management Agreement makes this an attractive long term investment for an astute investor.
A selection of key investment features are noted below:
- Located 750m from the Preston Beach beachfront
- Comprises a 77 townhouse and beach house complex in great condition
- 66 units in the Letting Pool
- New 24 year management agreement in place
- Massive 5 bed 3 bath managers residence, separated from the Resort
- Currently operating under full management
- Experienced staff to assist with transition
Please contact RESORTBROKERS for further information on this outstanding opportunity.
Property History for 7 Panorama Dr, Preston Beach, WA 6215
- 01 Dec 2022Listed for Sale $2,720,000
- 30 Mar 2020Listed for Sale $115,000
- 13 Nov 2018Listed for Sale $150,000
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About Preston Beach 6215
The size of Preston Beach is approximately 72.2 square kilometres. It has 2 parks covering nearly 68.9% of total area. The population of Preston Beach in 2016 was 227 people. By 2021 the population was 268 showing a population growth of 18.1% in the area during that time. The predominant age group in Preston Beach is 70-79 years. Households in Preston Beach are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Preston Beach work in a trades occupation.In 2021, 77.50% of the homes in Preston Beach were owner-occupied compared with 75.00% in 2016.
Preston Beach has 579 properties. Over the last 5 years, Houses in Preston Beach have seen a 78.59% increase in median value, while Units have seen a 57.74% increase. As at 30 November 2025:
- The median value for Houses in Preston Beach is $500,639 while the median value for Units is $205,180.
- Houses have a median rent of $475.
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