New
Added 1 day ago
167 Bussell Highway, Margaret River WA 6285
Offers Above $995,000
New
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3 Bedrooms
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1 Bathroom
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Landsize 888m2
House
- Open Sat 14 Nov, 10:00 AM to 10:30 AM
Added 1 day ago
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Prime Location | 888sqm | R40 Zoning | Short Stay Zone | Future Potential
Location is hard to beat, and the potential is even better! Sitting right in the heart of Margaret River on Bussell Highway, this 888sqm property is zoned R40 under the new planning scheme, opening the door to exciting future subdivision possibilities (subject to approvals and servicing).
Directly opposite the high school, a door down from the primary school, and around the corner to daycare. Its also just up from the Organic Garden and Farmers Market, and a stone's throw from the town centre, it's all about position, convenience and opportunity.
There's also a cute 3x1 character cottage with timber floors and plenty of charm. With a few upgrades, it could make a great short-stay option, or affordable long term rental providing some income while you work towards connecting sewerage and exploring the property's longer-term development potential.
A rare opportunity to secure a sizeable parcel in a prime town-centre location, landbank for the future and make the most of what's already here in the meantime.
Please note: Registering your attendance is a condition of entry at our Open Home inspections. To save time on the day of the Open Home, you can pre-register by contacting the Property Consultant. This ensures a smoother experience and can avoid potential wait times.
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628
Property snapshot by reiwa.com
This property at 167 Bussell Highway, Margaret River is a three bedroom, one bathroom house listed for sale by Sarah Twine at Ray White Stocker Preston.
For more information about Margaret River, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Margaret River profile page.
If you would like to get in touch with Sarah Twine regarding 167 Bussell Highway, Margaret River, please call 0439 926 836 or contact the agent via email.
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
$1.3m
Median
$1.0m
Low end
$903k
12.4 %
Annual growth
$1.0m
Annual median sales price
$750pw
Annual median rental price
