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17/55 Willmott Avenue, Margaret River WA 6285

Sold price: $148,000 Sold: 22 Apr 2023
Sold
  • 1 Bedroom
  • 1 Bathroom
Apartment
17/55 Willmott Avenue, Margaret River WA 6285

Perfect base and starter investment.

You're perfect, right in the middle of town!

This short-stay studio accommodation, with a large bedroom, and kitchenette, gives you plenty of options.

Enjoy staying up to 3 months per annum, whenever you wish, and rent it out when you are not here.

Within the Higgins Lane Complex, this unit is as central to the Margaret River town as it gets. The main street with restaurants, cafes, shopping and services is moments away!

Currently managed by In House Holidays, you could continue with a local company for management, or run it yourself to increase the return on your investment.

A fantastic opportunity to secure a short-stay property, and start your investment portfolio… contact me before it goes!

Property features

  • Toilets 1

Property snapshot by reiwa.com

This property at 17/55 Willmott Avenue, Margaret River is a one bedroom, one bathroom apartment sold by Bob Scott at Ray White Stocker Preston on 22 Apr 2023.

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

  • Council rates: $1,785 / year
  • Water rates: $1,419 / year
  • Strata fees: $1,025 / quarter

Nearby schools

0.3km
0.3km
0.6km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
Disclaimer

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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FAQ's

17/55 Willmott Avenue, Margaret River was sold by Bob Scott at Ray White Stocker Preston.

You can contact the agent here.

The average number of selling days in Margaret River is 14 days.
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