Reiwa Reiwa
24 Le Souef Street, Margaret River WA 6285

24 Le Souef Street, Margaret River WA 6285

Sold price: $825,000
Sold
Sold: 04 Jun 2023

5 Bedrooms

2 Bathrooms

4 Cars

Landsize 1,339m2

House

Contact the agent

Ray White Stocker Preston


One Lot, Two Homes in the Short Stay Zone!

That's right, this unique property comes complete with two character homes on the one 1,339m2 Green Title lot and is situated just two streets back from the centre of town!

Currently, the 2 homes are rented out long-term but due to the location inside the short stay zone, there is no doubt the 2 homes would realize a far greater income on the Holiday House/Airbnb market!

For those who might be looking to develop the property to its full potential further down the track the R30/40 zoning should yield 4 units at R30 or 5 units at R40. Please note town drainage is yet to be installed in this street (a requirement for further development) but you can make your own inquiries as to an estimated timeframe for drainage to be installed.

Get in touch today for further information.

• Two-character homes in a prime location
• 1,339m2 land area
• Located in the short stay zone
• Future development potential
• 300m to the main street

Property features

  • Garages 2
  • Carports 2
  • Toilets 2

Cost breakdown

  • Council rates: $3,450 / year
  • Water rates: $1,463 / year

Nearby schools

Margaret River Primary School Primary Government 0.5km
Margaret River Senior High School Secondary Government 0.5km
St Thomas More Catholic Primary School Primary Non-government 0.8km
Margaret River Montessori School Primary Non-government 1.3km
Rapids Landing Primary School Primary Government 1.6km
Cowaramup Primary School Primary Government 11.3km
Margaret River Independent School Primary Non-government 13.3km
Karridale Primary School Primary Government 29.7km
Yallingup Steiner School Primary Non-government 31.1km
Vasse Primary School Primary Government 34.0km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4543178