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18 Formosa Street, Margaret River WA 6285

Sold price: $210,000 Sold: 09 Jun 2020
Sold
  • Landsize 200m2
Land
18 Formosa Street, Margaret River WA 6285

Downtown Sanctuary

In-town living amongst the Karri forest. This private lot is tucked away at the edge of the forest in an extremely sought after Margaret River address.
The 200sqm cottage lot is perfect for those looking to build close to town, down-size, lock up and leavers or an investment property within the Short Stay Accommodation zone.
18 Formosa is just a 400metre stroll to the Margaret River Town Centre, connected by walking tracks to the river, with views to State Forest.
The current owner's now wish to sell this amazing lot along with a set of shire approved house plans at a price sure to entice prospective buyers.

Full information including strata plan and brochure available on request by contacting Tim Beeson 0401 048 388

• Uninterrupted Karri Forest views
• House plans available for purchase
• Only a few minutes stroll to town
• Located within Short Stay Accommodation Zone
• Connected to river walk trails

Listing snapshot by reiwa.com

This land listing located in Margaret River was sold by Tim Beeson at Ray White Stocker Preston.

If you would like to get in touch with Tim Beeson regarding 18 Formosa Street, Margaret River, please call 0401 048 388 or contact the agent via email.

Nearby schools

0.8km
0.8km
1.0km
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 $820k
Median $708k
Low end $620k
This listing
9.0 %
Annual growth
$708k
Annual median sales price
$700pw
Annual median rental price

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FAQ's

The average number of selling days in Margaret River is 12 days.

The median house price in Margaret River is $707,500, the median unit price is $590,500.

18 Formosa Street, Margaret River sold on 9/6/2020 for $210,000.
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