1/37 Town View Terrace, Margaret River WA 6285
Expressions of Interest by 4pm 21/09/2026
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 509m2
House
Added 1 day ago
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Prime Central Location with Endless Potential!
Packed with character and set in a highly sought-after central location, this charming cottage is ready for its next chapter. While it requires some TLC, the upside is substantial for those with a vision.
Key Features & Opportunity
• R30/40 Zoning: Strong development upside with multi-dwelling potential (STCA).
• 509sqm Strata Lot: A manageable block offering flexibility for future design.
• Short-Stay Approved Area: Prime position to capitalise on lucrative short-term holiday rental demand.
• Immediate Rental Income: Tenanted until March, generating steady returns while you finalise your plans.
Whether you choose to restore the original cottage's historic charm, establish a profitable short-stay rental, or execute a complete redevelopment (STCA), this property offers exceptional versatility. Ideal for investors, renovators, or developers looking to capitalise on location, zoning, and character. Sold 'as is', what you see is what you get.
**Expressions of Interest by 4pm 21/09/2026 (unless sold prior)
Inspection by appointment
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628
Property features
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Garages
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Property snapshot by reiwa.com
This property at 1/37 Town View Terrace, Margaret River is a two bedroom, one bathroom house listed for sale by Sarah Twine at Ray White Stocker Preston.
For more information about Margaret River, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Margaret River profile page.
If you would like to get in touch with Sarah Twine regarding 1/37 Town View Terrace, Margaret River, please call 0439 926 836 or contact the agent via email.
Nearby schools
Margaret River overview
The townsite of Margaret River is located in the south west agricultural area, 277 kilometres south southwest of Perth and 48 kilometres south southwest of Busselton. It is located on the Margaret River from which it derives its name. The precise origin of the naming of the river is not known, but it was possibly named by John Bussell in honour of Margaret Wyche, a friend in England who was expected to follow the Bussell's to Australia. The name is first shown on a map of the region published in 1839.
In 1910 the Margaret River Progress Association wrote to the Minister for Lands requesting a townsite be declared at "the Upper Margaret Bridge". The reason given was that "the district is likely to be dotted with public buildings several miles apart in the near future if a townsite is not made available shortly". The District Surveyor who inspected the area preferred an area near the lower bridge on Caves Road, but this land was not available. Lots were surveyed in 1912, and the Townsite of Margaret River gazetted in 1913. In 1918 the name of the townsite was changed to "Margaret", but it was changed back to Margaret River in 1927, due to local usage of the name always being Margaret River.
Margaret River quick stats
High end
$1.2m
Median
$987k
Low end
$890k
14.4 %
Annual growth
$987k
Annual median sales price
$780pw
Annual median rental price
