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29 Formosa Street, Margaret River WA 6285

Sold price: $1,200,000 Sold: 16 Feb 2024
Sold
  • 2 Bedrooms
  • 2 Bathrooms
  • 2 Cars
  • Landsize 200m2
House
29 Formosa Street, Margaret River WA 6285

THIS IS YOUR DREAM HOME

All Offers Presented by 21st February 2024 Unless Sold Prior

Holiday or reside all year round in this dream location with resort style living and magical forest views forever.

Luxuriously appointed and featuring local timbers the character of this home is second to none, it has been lovingly designed and thoughtfully built by the current owners with hand crafted features and sumptuous appointments.

You will be enthralled as you enter through the foyer featuring local timbers and a beautifully engineered steel and Marri staircase leading you upwards to the spacious living zone high up in the treetops. Upstairs living features an open plan kitchen/dining/family and indoor, outdoor balcony, a bedroom suite including walk in robe and a stylish ensuite.
The dining and living zones are spacious and take in the amazing views of Karri, Marri and Jarrah Forest with natural bushland beyond.
The stylish guest bedroom is tucked away behind the living zone and adjacent to this area is the guests powder room. Downstairs features the plush master suite also overlooking the outdoors and the forest. The expansive walk-in robe is shelved with Marri timbers and has generous hanging space, the ensuite is luxurious and both bathrooms are climate controlled with under floor heating.

With a sparkling below ground pool (which is heated) set into the paved patio, you can while away the days, whilst enjoying Mother Nature at its finest. This exclusive blue-chip location is well sought after and is close to the forest, river trails and just metres to the town centre’s coffee strip, it's also located in the Margaret River Shire’s Holiday House permissible area.

Dreams do come true, and you will want to stay here forever.

Property features

  • Garages 2
  • Floor area 236m2
  • Patio  
  • Verandah  

Property snapshot by reiwa.com

This property at 29 Formosa Street, Margaret River is a two bedroom, two bathroom house sold by Vicki Genge at Margaret River Real Estate First National on 16 Feb 2024.

Looking to buy a similar property in the area? View other two bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.

Cost breakdown

  • Council rates: $2,456 / year
  • Water rates: $1,525 / year
  • Strata fees: $518 / quarter

Nearby schools

0.8km
0.8km
1.0km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
Disclaimer

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
7.9 %
Annual growth
$750k
Annual median sales price
$760pw
Annual median rental price

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FAQ's

29 Formosa Street, Margaret River was sold by Vicki Genge at Margaret River Real Estate First National.

You can contact the agent here.

The median house price in Margaret River is $750,057, the median unit price is $790,000.
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