Sold
28 / 40 Wallcliffe Road, Margaret River WA 6285
Sold price: $105,000
Sold: 23 Mar 2021
Sold
-
1 Bedroom
-
1 Bathroom
Apartment
View
$109k Down South Escape!
Need a place to escape the city without breaking the bank, then I can guarantee you will not find a cheaper purchase within the Margaret River area!
Conveniently located within the grounds of the "The River Hotel" complex this absolutely fabulous one bed spa apartment is situated only 600m from the main street of town!
Onsite features include restaurant & bars, bottle shop, swimming pool and tennis courts whilst a casual stroll will put you in the main street where you will be able choose between plenty more entertainment options!
But wait there's more, these sellers have a 2nd adjoining apartment with a connecting door creating a 2 bed, 2 bath unit with kitchenette, 2 living areas and balcony off one of the bedrooms!
With all furnishings included in the price and an improving rental return that will look after your mortgage and running costs while you get to use the property when you want, I would suggest not waiting too long before contacting me for more information or to arrange your own private viewing!
Zoned Short Stay/Tourism owners can only use up to a maximum of 3 months in any given 12 month period.
• Spa Apartment
• Swimming pool
• Tennis Courts
• Onsite Restaurant & Bars
• Onsite Bottle Shop
• 600m to town centre
Property features
-
Air conditioned
-
Toilets
1
-
Floor area
50m2
Property snapshot by reiwa.com
This property at 28 / 40 Wallcliffe Road, Margaret River is a one bedroom, one bathroom apartment sold by Kim Hewton at Ray White Stocker Preston on 23 Mar 2021.
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
-
Council rates: $1,700 / year
-
Water rates: $1,325 / year
-
Strata fees: $1,379 / 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
$905k
Median
$750k
Low end
$670k
This listing
7.9 %
Annual growth
$750k
Annual median sales price
$760pw
Annual median rental price
