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BUSH SANCTUARY SO CLOSE TO TOWN
If you are seeking a more isolated existence, but need to be close to everyday conveniences, you would be hard pressed to find a more ideal location than this one hectare property located on the outskirts of the west side of town.
Screened from the road by tall timbers and native bush, the cute two bedroom brick home provides a foundation for your down south escape. Enjoy your solitude on the long front verandah with direct access into the open plan living area which is heated by a slow combustion stove with the convenience of reverse cycle air conditioning. A spacious country kitchen is nestled in the corner of the living area and two enormous bedrooms provide basic room for the growing family. In addition to the main house, there is a separate mud brick studio/shed which provides storage on one side and the ideal pad, complete with bathroom and kitchenette, for the teenager or visitors on the other. The grounds immediately surrounding the home are bursting with life in the form of productive fruit trees and a vegetable garden.
There is no end to the potential of this one hectare property. Invest, landscape, renovate, extend or even start afresh - in this ideal highly sought after location, this property will maintain its value and provide you with a fabulous base for your Margaret River lifestyle!
Property tenanted until 1/6/2021 at $420 per week.
This home will initially be open by Home Open on Saturday 24th April at 10:30am. No prior inspections available prior to this date.
Property features
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Carports
2
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Floor area
150m2
Property snapshot by reiwa.com
This property at 196 Illawarra Avenue, Margaret River is a two bedroom, one bathroom house sold by Barry Granville at Margaret River Real Estate First National on 06 May 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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Water rates: $264 / 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
$880k
Median
$750k
Low end
$675k
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price
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