Sold
122/96 Bussell Highway, Margaret River WA 6285
Sold price: $460,000
Sold: 11 Aug 2024
Sold
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1 Bedroom
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1 Bathroom
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Landsize 116m2
Unit
View
MARGARET RIVER HOLIDAY ESCAPE
What a cracker combination. Zoned Residential and Short Stay, owners of this fabulous spacious town centre villa can live here full time, continue to rent to the short stay holiday market or a combination of both. Or simply lock and leave and use when you are down south. This brilliant package is going to suit a lot of buyers with it currently operating as a stand-alone holiday Villa within the complex and doing very well with that market.
Ideally located, the cafe strip of Margaret River is literally at your doorstep, with the town centre only 200m away. The Villa enjoys a beautiful permanent bush outlook from both floors and boasts a downstairs and upstairs deck to enjoy those views.
The layout is great with the upstairs consisting of the bedroom, bathroom with spa, w/c and open plan powder room style vanity area and verandah, and downstairs an open plan lounge/kitchen/dining area and BBQ Deck. The kitchen is fully optioned and has a generously sized island bench ideal to entertain and adjoins the lounge with under stair storage and television unit. The laundry is discretely hidden away in a large cupboard and the Villa also has its own store, ideal for bikes, surfboards and personal items. The setting is private and quiet and very close to Rails to Trails to take a bushwalk or jump on the pushbike.
Strata Fee $1,404.99 per quarter.
Inspection of 122/96 Bussell Hwy is by appointment. Call Craig Bamford Margaret River Real Estate Property Consultant on 0417-922 223 to make a time to view.
Property features
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Verandah
Property snapshot by reiwa.com
This property at 122/96 Bussell Highway, Margaret River is a one bedroom, one bathroom unit sold by Craig Bamford at Margaret River Real Estate First National on 11 Aug 2024.
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: $1,862 / year
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Water rates: $1,258 / year
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Strata fees: $1,404 / 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
$905k
Median
$750k
Low end
$670k
7.9 %
Annual growth
$750k
Annual median sales price
$760pw
Annual median rental price
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