Sold
16/40 Wallcliffe Road, Margaret River WA 6285
Sold price: $210,000
Sold: 05 Feb 2025
Sold
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1 Bedroom
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1 Bathroom
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1 Car
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Landsize 50m2
Apartment
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Convenient Getaway
This inviting one-bedroom spa apartment in the River Hotel complex presents an opportunity for investors, or an astute buyer looking for a holiday pad close to restaurants, bars and entertainment.
As an owner, you'll indulge in a sophisticated lifestyle, enjoying the complex's bustling River Bistro, a favourite among the locals, and benefit from the convenience of being only 600m from the town’s main street. Not only that, The River is also across the road from the Cultural Centre and recreational centre. Other onsite amenities enhance the appeal, with a bottle shop, swimming pool, and tennis court.
The apartment boasts a queen bedroom with an adjoining en-suite with spa, and a well-proportioned living zone, complete with a kitchenette if you want to eat in. There’s even a private outdoor area offering a tranquil space to enjoy your homemade meals.
Fully furnished, the apartment is ready to generate income immediately, with a robust management team providing seamless care and a monthly return or manage yourself. Please be advised, this gem is zoned for short stay/tourism, making it an exclusive holiday or investment property, not suitable for permanent residency.
Seize the chance to own a piece of Margaret River's vibrant town atmosphere, a delightful Down South getaway that promises both pleasure and prosperity.
Please contact Tim Beeson from The Agency Margaret River for more information.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property features
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Garages
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Property snapshot by reiwa.com
This property at 16/40 Wallcliffe Road, Margaret River is a one bedroom, one bathroom apartment sold by Tim Beeson at The Agency on 05 Feb 2025.
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.
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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
$995k
Median
$803k
Low end
$715k
14.2 %
Annual growth
$803k
Annual median sales price
$750pw
Annual median rental price
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