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11 Riverslea Drive, Margaret River WA 6285

Sold price: $870,000 Sold: 06 Jan 2023
Sold
  • 5 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 1,042m2
House
11 Riverslea Drive, Margaret River WA 6285

Contemporary Cottage Charm

Few can resist the charm of a cottage-style home with distinguished high ceilings, contemporary and spacious interior, and alluring verandas to complement a peaceful, leafy outlook.

Set on a large established parcel of land in a quiet corner of the town, this immaculately presented home is metres from the Margaret River foreshore, Warperup Creek, 10-mile Dam Walk/Cycle Trail and a leisurely 15-minute walk into town, offering any family endless lifestyle and/or income opportunities.

The main entrance and hallway lead towards the large, modern open-plan living area. The space boasts raked ceilings, with pin-lights and ceiling fan, light-oak timber flooring and an impressive corner kitchen with the marble-topped, angled island bench being the focal point. Vast storage ideas, stainless steel appliances, two ovens and a 900ml gas cooktop are some of the features in this unique space, with pendant café lighting complimenting the breakfast bar.

Beyond the living area, two double-sized bedrooms, a family bathroom with spa-bath, a separate toilet, laundry and a master bedroom are accessible from the tiled hallway. The rooms are spacious and feature carpets or timber flooring and built-in wardrobes.

The master bedroom is fully carpeted with a walk-in wardrobe and large ensuite boasting double vanity basins and a rain-head shower. The staircase leads to the loft-style top floor and features two king-sized bedrooms (one with a private Juliet balcony). A separate study/library space separates the two bedrooms, with carpet and air conditioning.

The ground floor seamlessly incorporates the open plan living space and the alfresco, decked area with bespoke use of French glass doors. The entertaining area offers an exceptional dining experience with timber screening for added privacy. Well-maintained, reticulated gardens with striking trees compliment this beautiful home; they are visually appealing and provide much-needed shade throughout the summer.

FEATURES

Double remote-controlled garage
Five car driveway
Outside Shower
Gated side access
Landscaped easy-care gardens
Freshly painted rendered finish
Two reverse cycle split systems
Additional lockable storage areas
Option to acquire all furniture and fixtures to operate as a 'ready-to-go' holiday rental with future bookings

A superb location, close to Margaret River town centre, this property has recent reapproved three-year planning permission for short-term holiday rental with a strong income history.

For your private inspection, please contact Paul Manners, your Southwest Property Specialist.

Property features

  • Garages 2

Property snapshot by reiwa.com

This property at 11 Riverslea Drive, Margaret River is a five bedroom, two bathroom house sold by Paul Manners at Space Real Estate on 06 Jan 2023.

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

Nearby schools

1.7km
1.8km
1.8km
Disclaimer

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

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FAQ's

The average number of selling days in Margaret River is 14 days.

The median house price in Margaret River is $750,057, the median unit price is $790,000.

11 Riverslea Drive, Margaret River sold on 6/1/2023 for $870,000.
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