Cute Cottage, Big Shed, Good ROI
Nestled in an eclectic, established area of Margaret River close to town, school and parks, this cute cottage offers investors a great ROI.
The cottage sits on a 536sqm block in a sunny, north-facing position and holds plenty of charm boasting 4 bedrooms, 1 bathroom and a separate laundry. The light and bright open-plan living / kitchen area is drenched by morning sun and spills out through French doors to the timber entertaining deck - the perfect place to enjoy a cuppa overlooking the lush and private backyard. And the cottage-style kitchen features timber benchtops, dishwasher, rangehood and freestanding oven.
Surrounded by established gardens, the home is private and secure with fencing including a separate front courtyard. And the icing on the cake: a huge double garage / shed!
Tenanted until June 2022 at $465 per week, secure now and move in later or add to your portfolio.
This property at 15 Jacaranda Crescent, Margaret River is a four bedroom, one bathroom house sold by Sarah Twine and Clare Andrews at Ray White Stocker Preston on 06 Sep 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.
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.