Sold
17/6 Tunbridge Street, Margaret River WA 6285
Sold price: $365,000
Sold: 03 Jul 2021
Sold
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2 Bedrooms
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2 Bathrooms
Unit
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TOWN CENTRE SHORT STAY APARTMENT
Unique ground floor 2 Bedroom 2 Bathroom Apartment right in the heart of Margaret River with stunning permanent forest views. With an interconnecting foyer, the twin-keyed apartment can be separated into a one-bedroom one-bathroom unit with private balcony and a one-bedroom unit with kitchen, dining, lounge, private balcony, bathroom and laundry.
Fully furnished and recently totally refurbished, the apartment is fully equipped for a relaxing stay only minutes from pristine Margaret River beaches and an abundance of wineries and breweries in the region. Rails to Trails and world class mountain bike tracks are at your doorstep, as are cafes, shops, galleries and restaurants and the main street of Margaret River.
The apartment is in a complex with a pool, bar, tennis court and conference facilities. The current rent is $1887.98 per calendar month direct to you with no further outlay – the lease arrangement with the onsite manager takes care of everything from strata levies, water and power consumption to any applicable rates. The added bonus is that as an owner you can use the apartment for up to 10 nights free per year. An attractive option for your property portfolio and personal getaway in the South West.
Key Features:
Ground floor twin-keyed fully furnished apartment
Views of the forest and pool
Master bedroom with separate bathroom has a shower over spa bath
Full kitchen with oven, cooktop, dishwasher and microwave
Laundry with washer and dryer
Bedroom 2 King bed can convert to 2 single beds
Reverse cycle air conditioning
Private balconies
Ten nights free per year for owner to use
Situated only a short stroll to cafes, shops, galleries and restaurants
Great rental return per calendar month
Attractive investment and holiday destination
Property features
Property snapshot by reiwa.com
This property at 17/6 Tunbridge Street, Margaret River is a two bedroom, two bathroom unit sold by Craig Bamford at Margaret River Real Estate First National on 03 Jul 2021.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $1,986 / year
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Water rates: $1,487 / year
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Strata fees: $1,647 / quarter
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
$815k
Median
$710k
Low end
$625k
9.2 %
Annual growth
$710k
Annual median sales price
$700pw
Annual median rental price
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