Sold
129/96 Bussell Highway, Margaret River WA 6285
Listed price: Under Offer
Sold: 13 Nov 2024
Sold
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1 Bedroom
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1 Bathroom
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Landsize 200m2
Townhouse
View
MARGARET RIVER APARTMENT...CENTRAL TOWN LOCATION
This is a fabulous combination of Short Stay Accommodation and/or Residential Living approvals. Owners of this this town centre villa can live here full time if they choose, continue to rent to the short stay holiday market and use when it is not booked out. Or simply use it as a lock and leave getaway when you can get time out to head down south.
Currently this unit is managed privately by the owners within a larger complex and doing very well with bookings.
Situated in Margaret Rivers Cafe strip, restaurants, bars, and a wide variety of retail stores, all within a very short walk. So, leave the car at the resort and walk to everything. This villa has delightful views of the bushland to the north from both levels. The layout of the apartment is great with upstairs consisting of bathroom, w/c, open plan powder room and bedroom with verandah, and downstairs an open plan dining/kitchen/lounge area and deck.
The laundry is discretely hidden away in a large cupboard and the unit also has ample storage facilities in a separate storeroom, ideal for bikes, surfboards, linen & supplies. Ideally positioned very close to Rails to Trails to go bushwalking or take a ride in the bush.
Strata Fees $1,404.99 per quarter Water Rates $1,444.20 p/a
Shire Rates $2,999.15 per annum
Property features
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Verandah
Property snapshot by reiwa.com
This property at 129/96 Bussell Highway, Margaret River is a one bedroom, one bathroom townhouse sold by Craig Bamford at Margaret River Real Estate First National on 13 Nov 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: $2,999 / year
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Water rates: $1,444 / 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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