Sold
23 Karri Loop, Margaret River WA 6285
Sold price: $808,000
Sold: 15 Nov 2020
Sold
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4 Bedrooms
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3 Bathrooms
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3 Cars
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Landsize 2,353m2
House
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PRESTIGIOUS LIVING - BONUS ONE BED STUDIO
Situated in the prestigious leafy Basildene Estate, this property is perfectly located between the town of Margaret River and the pristine beaches of Prevelly. The added bonus to this property is there is a one bedroom studio completely separate from the main residence, perfect if you are looking to earn a little extra income or for visiting family and friends.
The main house is constructed from rendered double brick and zinc, featuring three bedrooms, two bathrooms, study nook and lovely north facing living areas. The living areas include polished concrete floors, LED lighting and reverse cycle air conditioning for all year round comfort. Both bathrooms have been renovated to a high standard with high raked ceilings and skylights. The kitchen is spacious and includes stainless steel appliances and a large pantry.
The separate studio is set to the rear of the block, constructed from Hardiplank and Zinc, including high white washed vaulted ceilings, polished concrete floors, reverse cycle air con, kitchen, lounge room and separate bedroom with ensuite/laundry. The studio also has it's own HWS and a gorgeous mosaic outdoor entertaining area.
The main house has a lovely patio area with retaining walls, screening, brick paving, built in BBQ and fish pond with plenty of different spots to sit all year round. The gardens are fully established and taking centre stage in the backyard is a huge 100 year old Marri tree. The main house has a double carport and there is also a lock up garage to the rear of the block…great for storage.
Main house tenanted until 02/10/20 for $350.00 per week.
Studio tenanted at $190.00 per week on periodic lease.
Property features
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Air conditioned
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Garages
1
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Carports
2
Property snapshot by reiwa.com
This property at 23 Karri Loop, Margaret River is a four bedroom, three bathroom house sold by Megan Booth at Margaret River Real Estate First National on 15 Nov 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: $2,253 / year
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Water rates: $298 / 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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