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THE GOOD LIFE AWAITS
It's all about living the good life in Margaret River and this home offers the ideal opportunity to do just that! Nestled among quality homes in the family friendly location of Riverslea, this sparkling near-new home with 4 bedrooms, 2 bathrooms and 2 living areas on 606sqm is the perfect down south escape as well as an ideal investment for the future.
The master bedroom is located adjacent to the entrance and has a His and Her walk through robe and impressive ensuite with double size vanity bench, double shower recess and enclosed WC. Three more bedrooms with single built in robes, a laundry, secondary bathroom and separate WC are located further through in the bedroom wing of the home. The fourth bedroom has sliding door access to outside, perfect for the adult kids to come and go without disturbing the rest of the household - or it could be utilised as a home office or playroom. A theatre room is located close to the entry of the house, can be closed off from the living area and provides the perfect area for the kids to enjoy their own space or to set up a private study or consultation room for your home business.
Further through, the passageway opens up to reveal the north facing open plan living area which flows though to the covered alfresco. The fresh and light kitchen takes in the views over the living area and alfresco and is fitted with a spacious island bench, stone benchtops, spacious drawer storage and a scullery with multiple power points. Thoughtfully positioned on the lot, the home also makes terrific use of the block's solar orientation, with the living area and alfresco facing north. Comfort is assured in the cooler months with a fan forced slow combustion stove in the central living area.
The low maintenance and appealing outdoors offers fully established and retained minimalistic gardens, lush lawns, a small shed and is fully enclosed to keep the pets and kids in. Side access allows you to securely store the caravan, boat or trailer behind locked double gates, with lockable person size access on the other side of the house.
The versatile layout of this beautiful home provides space for the entire family to spread out and find their own space or the ideal base for working from home as both the theatre room and/or fourth bedroom could be adapted to home business ventures.
The home currently has a lease in place until August 2022, returning $500 per week. Purchase now, hang on to the reliable tenants and continue to watch your investment grow, safe in the knowledge that you have secured the perfect family home. Or simply move in when the current tenants move out and start living your new best life, as this property is bound to provide the family with everything it needs due to its functional layout and convenient proximity to town, schools and everything this beautiful region has to offer.
Property features
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Garages
2
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Floor area
199m2
Property snapshot by reiwa.com
This property at 17 Greenwood Avenue, Margaret River is a four bedroom, two bathroom house sold by Barry Granville at Margaret River Real Estate First National on 26 Apr 2022.
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.
Cost breakdown
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Council rates: $2,718 / year
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Water rates: $1,463 / year
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
$905k
Median
$750k
Low end
$670k
7.9 %
Annual growth
$750k
Annual median sales price
$760pw
Annual median rental price
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