1/37 Town View Terrace, Margaret River WA 6285

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