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11/20 Riedle Drive, Gnarabup, Margaret River WA 6285

Sold price: $660,000 Sold: 28 Jul 2021
Sold
  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 273m2
House
11/20 Riedle Drive, Gnarabup, Margaret River WA 6285

The Beach Life

Live the beachside lifestyle you have always dreamed of from this fantastic 2-storey, low maintenance townhouse.

On entry, you are greeted with a large open plan kitchen/living/dining area with vaulted ceilings and sliding door access to an expansive paved courtyard with garden beds. 2 bedrooms are located downstairs - one with BIR's, and the master suite complete with ensuite bathroom and WIR. A second bathroom with spa bath, plus separate WC powder room, complete the picture. Upstairs features a brilliant mezzanine bedroom with WIR and sliding doors to a balcony with views to the Leeuwin Naturaliste Ridge.

According to a Local Planning Policy the property is in the permissible zone for holiday house use - as such, you might seek Shire Approval and promote the property on the holiday rental market for extra income. Alternately, the property would make a brilliant, low maintenance permanent residence by the seaside.

Located in 'The Break' you are within walking distance to the world-renowned beaches of Gnarabup & Prevelly and popular local cafes and restaurants. There is nothing to do except sit back and enjoy!

Property features

  • Carports 2

Property snapshot by reiwa.com

This property at 11/20 Riedle Drive, Gnarabup, Margaret River is a three bedroom, two bathroom house sold by Sarah Twine and Clare Andrews at Ray White Stocker Preston on 28 Jul 2021.

Looking to buy a similar property in the area? View other three bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.

Cost breakdown

  • Council rates: $2,415 / year
  • Water rates: $1,463 / year
  • Strata fees: $551 / quarter

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 $825k
Median $720k
Low end $625k
10.9 %
Annual growth
$720k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

11/20 Riedle Drive, Gnarabup, Margaret River sold on 28/7/2021 for $660,000.

The average number of selling days in Margaret River is 12 days.
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