Sold
1 Blackbutt Trail, Margaret River WA 6285
Sold price: $830,000
Sold: 25 Mar 2023
Sold
-
4 Bedrooms
-
2 Bathrooms
-
2 Cars
-
Landsize 606m2
House
View
Light Bright and Financially Right!
Featuring a comfortable 4 bed 2 bath double brick home, plus a separate approved Granny Flat this corner property totals 5 bedrooms and 3 bathrooms. It has been cleverly developed to maximise returns. The main house is light-filled and spacious while the 2017 Tectonics built fully self-contained single (large) bedroom, double glazed Ancillary Dwelling is in perfect condition.
Privacy is not compromised, the two dwellings have separate street access and appear to be separate properties, separated by a full-height pine lap fence.
The large living area of the main home is at the sunny north end, with bedrooms to the south. The high ceilings and large windows in the living area promote an open plan "happy space" feel.
The Ancillary is solar passive, with double glazing, full insulation, reverse cycle aircon, polished concrete floors, and a sliding gate to the street. Filling a great niche in the rental market, it's virtually maintenance-free and currently rented by the best tenants you could hope for.
Offered to market with a potential combined gross rental return of around 6%, this property is perfect for investors, or you can occupy the family 4x2 and enjoy the Ancillary income, or vice versa could be perfect for a couple.
It's an easy 1km to Margaret River Primary, High School, TAFE and town centre.
NB the property is not eligible for Holiday House approval.
• Massive open-plan kitchen/living/dining area
• Tiled living area, carpeted bedrooms
• High ceilings
• Lots of windows
• North and east solar aspects
• Low maintenance
Property features
-
Air conditioned
-
Gas connected
-
Carports
2
-
Toilets
3
-
Floor area
188m2
Property snapshot by reiwa.com
This property at 1 Blackbutt Trail, Margaret River is a four bedroom, two bathroom house sold by Bob Scott at Ray White Stocker Preston on 25 Mar 2023.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
-
Council rates: $2,876 / year
-
Water rates: $1,488 / year
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
$905k
Median
$750k
Low end
$670k
7.9 %
Annual growth
$750k
Annual median sales price
$760pw
Annual median rental price
