Sold
15 Calabrese Close, Margaret River WA 6285
Sold price: $830,000
Sold: 09 Jun 2021
Sold
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4 Bedrooms
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3 Bathrooms
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4 Cars
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Landsize 2,000m2
House
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Unique 2x2 + 2x1 Investment Proposition
Live in one house, rent the other!
This is a rare lifestyle or investment proposition suitable for both occupation and/or rental income, close to the centre of Margaret River.
Retirees, downsizers, FIFO workers, couples or even siblings looking to get into the market will benefit from the diversity this property has to offer.
Whilst short term rental is not an option, it is permissible to rent both houses in the local long term rental market, occupy one and rent the other, or both houses could be occupied permanently.
(There are currently long term rental agreements in place with both houses).
Another future option is to extend one of the homes into a larger family home of any size approved by Shire, leaving the other as the ancillary dwelling.
The front home is compromised of 2 bedrooms, 2 bathrooms and open plan living/kitchen, with a small study offering versatility.
There is a lovely under cover outdoor area with spa at the rear of the home, and a free standing single car garage with roofed carport.
The rear home has 2 bedrooms and 1 bathroom, open plan kitchen/living area, undercover outdoor area and similar single garage and carport.
This 2000sqm+ property is located in an area where access to the Margaret River, walking and bike paths, and lovely public open spaces is close and easy, and it's just a 10 minute drive to the beaches of Prevelly and Surfers Point.
Inspection by appointment only.
Property features
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Garages
2
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Carports
2
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Toilets
3
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Floor area
140m2
Property snapshot by reiwa.com
This property at 15 Calabrese Close, Margaret River is a four bedroom, three bathroom house sold by Mitch Thorson at Mack Hall Real Estate in assoc. with Knight Frank on 09 Jun 2021.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $4,000 / year
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Water rates: $900 / year
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
