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Short Stay Apartment at The River!
The current owners have implemented some impressive improvements to this apartment with the bathroom makeover including removing the spa and replacing it with a modern shower and stone benchtops the most significant change!
New floor coverings and living room furniture including a large widescreen television are just some of the other improvements whilst the kitchenette is an added bonus that is popular with guests and owners alike!
Onsite features include restaurant and bars, bottle shop, swimming pool and tennis court whilst a casual stroll will put you in the main street where you will be able choose between plenty more entertainment options!
With all furnishings included in the price and the opportunity to use the property when you want, there may not be a better opportunity to purchase your very own Down South Getaway than right now!
*Please note the property is zoned short stay/tourism and cannot be lived in on a permanent basis.
You may find it difficult to find a Bank willing to lend on these units due to the tourism/short stay zoning hence I would suggest any offers may need to be cash.
Get in touch today for more information or to arrange your own private viewing before it's too late!
• Swimming pool
• Tennis court
• Onsite restaurant & bars
• Onsite bottle shop
• 600m to main street
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628
Property features
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Below ground pool
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Air conditioned
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Toilets
1
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Floor area
53m2
Property snapshot by reiwa.com
This property at 25/40 Wallcliffe Road, Margaret River is a one bedroom, one bathroom house sold by Kim Hewton at Ray White Stocker Preston on 16 Oct 2024.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $1,946 / year
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Water rates: $1,452 / year
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Strata fees: $1,282 / quarter
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
