Sold
12/16 Magpie Street, Margaret River WA 6285
Sold price: $335,000
Sold: 13 Apr 2021
Sold
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1 Bedroom
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2 Bathrooms
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1 Car
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Landsize 136m2
Townhouse
View
THE PERFECT MARGARET RIVER BASE
This modern open plan townhouse would make the ideal base for your Margaret River getaway, or perfectly suited to the single or couple wanting to live in the south west without any major upkeep requirements.
Ideally facing north, the stylish marri floored living area and kitchen downstairs stream with natural warming light in winter, with the timber stairs leading up to a spacious carpeted bedroom with built in robes, a ceiling fan and ensuite.
A courtyard at the front entrance provides a sunny extension of the living area, with a store room at the rear which can be utilised as an extra room/study. The laundry behind the kitchen also conveniently includes a toilet and a shower. At the rear of the townhouse is another small gated courtyard with access to the services.
The front and rear courtyards are both gated and provide privacy, security and the ability to simply lock and leave...or simply snap up this ideal investment that will provide immediate returns, as potential tenants will be queuing up to live in such a low maintenance stylish pad so close to town.
Property features
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Carports
1
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Patio
Property snapshot by reiwa.com
This property at 12/16 Magpie Street, Margaret River is a one bedroom, two bathroom townhouse sold by Barry Granville at Margaret River Real Estate First National on 13 Apr 2021.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $2,429 / year
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Water rates: $1,536 / year
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Strata fees: $484 / quarter
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
$880k
Median
$750k
Low end
$675k
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price
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