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Considering Investing in Short Stay Accommodation?
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Investing in Short Stay Accommodation in Margaret River: Your Expert Guide
Margaret River is an increasingly popular destination for both tourists and investors. Whether you're considering a holiday house, a guest house, or a bed and breakfast, this market has immense potential. But it's essential to understand the types, regulations, and returns you can expect before diving in.
Craig Bamford’s Expert Insights:
"As I work closely with investors looking at short stay accommodation, I often get asked about the different options available, so here’s a quick breakdown."
Short Stay Accommodation Options
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Holiday Houses
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Short-term accommodation for up to 6 people.
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Larger houses for 6-12 people are classified as Holiday House (Large).
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Bed and Breakfasts
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More personal accommodation, typically run by owners.
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No more than two bedrooms and one bathroom.
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Guest Houses & Chalets
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Ideal for larger groups and extended stays.
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Located in prime tourist areas where local guidelines should be met.
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What You Need to Know About Investing in Short Stay Accommodation
Local Guidelines
The Shire of Margaret River generally favors properties in prime tourist areas. It’s important to ensure your property complies with local zoning and approval regulations.
I've included a link to the Shire of Augusta-Margaret River's short stay accommodation guidelines for reference:
Shire of Augusta-Margaret River Short Stay Accommodation Guidelines
Investment Potential
The demand for short stay accommodation in Margaret River is growing. With the right property and preparation, you can enjoy solid returns.
Get Expert Advice and Support
Curious about the different types of short stay accommodation? Wondering what returns you can expect or how to navigate local regulations? Craig Bamford is here to help you every step of the way.
What I Can Help With:
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Understanding the different short stay property types
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What zoning and approvals are required
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High-demand locations
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Expected returns on your investment
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How to prepare your property to maximize bookings
Start Your Investment Journey Today
Whether you're just starting your research or ready to take action, I'm here to guide you through the process and make your investment a smart one.
Call Craig at 0417 922 223
Or simply Click here to schedule a 1-on-1 consultation
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