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DUAL LIVING / CONTEMPORARY STYLE
If you're looking for a property that offers plenty of versatility, then this is a must see!
Live in one, rent out the other. Your “Down South” getaway whilst still earning an income.
Independent living for ageing parents or a massive family home with plenty of separation and choices of living spaces – the options are endless.
Hardiflex clad, stud frame and iron double storey 4 bedrooms, 2 bath home with high quality finishes, featuring bamboo flooring throughout the high traffic areas. Gas hot plates, electric ovens and sleek benchtops feature in both kitchens which each access a large laundry and 2nd WC. Bluetooth speakers are in both living spaces and outside deck.
The bedrooms are located upstairs and are serviced by well appointed attractive bathrooms featuring double vanity and shower. All bedrooms are carpeted and include ceiling fans and built in robes in the master bedroom. Storage is located under the stairs.
A north facing Merbau deck, entertaining area, with remote control double garage. On an easy care 384m2, with reticulated gardens, the property sits opposite a “dream” children’s playground, in a whisper quiet location.
This property is currently tenanted, with a return of $700 per week.
Property features
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Garages
2
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Floor area
304m2
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Verandah
Property snapshot by reiwa.com
This property at 2 Mala Walk, Margaret River is a four bedroom, two bathroom house sold by Vicki Genge at Margaret River Real Estate First National on 30 Sep 2020.
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: $3,600 / year
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Water rates: $1,427 / 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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