Sold
3 Croft Road, Margaret River WA 6285
Sold price: $860,010
Sold: 15 Sep 2023
Sold
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3 Bedrooms
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2 Bathrooms
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Landsize 2,127m2
House
View
West of Town with Income
Unique opportunity to secure a property nestled in the sought-after the west of town location offering a perfect blend of income options, convenience and potential.
Set on a spacious block, this property boasts an architect-designed, retro-style home. Traditionally a 3/4 bedroom, 2 bathroom home, it is now being used as a 2/3 bedroom, 1 bathroom home, -providing comfortable living spaces for you and your family PLUS an additional 1-bedroom, 1-bathroom studio under the main roof with B&B approval, opening the doors to potential income streams, making it an ideal investment for those seeking versatility.
The very generous open-plan room faces north and has a woodfire as well as aircon. Jarrah doors lead to the backyard, and another set of jarrah doors connect to a fantastic multi-purpose room that has plenty of space for bed, couches and desk. The two minor bedrooms are off a hallway where there is also a bathroom and laundry. At the end of the hallway is the doorway to the main suite which has been closed off behind a bookcase so that access is only available from the B&B. A brilliant indoor/outdoor extension off the main suite has a kitchenette and lounge/dining area that provides the perfectly private setting for guests. Should it suit you better, you readily can reconnect this section to the main part of the home.
Surrounded by cottage gardens, with a variety of established fruit trees, there is a fully fenced and gated yard to secure kids and pets, and plenty of room for growing veggies.
The huge block and house orientation provides ample space to construct a sizable shed or further ancillary dwelling. The fabulous location ensures you're just a leisurely stroll away from the centre of town where you can explore local shops, restaurants, and enjoy entertainment at the HEART (Hub of Entertainment, Arts and Regional Tourism).
For those who value an active lifestyle, the nearby recreation centre provides endless opportunities for fitness and leisure activities including gymnasium, heated swimming pool (currently being upgraded), netball, basketball, football, soccer, the list is endless.
Whether you're captivated by the income potential, the spacious block, or the proximity to town amenities, this opportunity offers the prospect of a versatile and rewarding investment.
Main Living Area
• Kitchen with jarrah cabinetry & breakfast bar
• Expansive open plan dining / living area
• R/C air-conditioner
• Wood Heater
Multi-purpose room
• Timber doors
• Carpet
• R/C air conditioner
• Built in robes
• Louvred windows
2 x Minor Bedrooms
• Carpet
• Built in robes
Amenities
• Family bathroom with separate shower and bathtub
• Good sized laundry with separate WC
Main Suite (Set up as B&B)
• Indoor / outdoor living area with kitchen, wall heater and track-guided blind
• Spacious bedroom with built in robes and air-conditioner
• Ensuite bathroom with shower, vanity and WC
Gardens and Exterior
• Expansive back verandah with French-door access from living area and door from laundry
• Fenced and gated grassed area
• Fruit trees
• Cottage gardens
The property has Bed & Breakfast approval under the Shire's LPP7 Policy, however, does not meet the requirements for holiday house rental approval.
Property features
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Air conditioned
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Toilets
2
Property snapshot by reiwa.com
This property at 3 Croft Road, Margaret River is a three bedroom, two bathroom house sold by Sarah Twine and Clare Andrews at Ray White Stocker Preston on 15 Sep 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
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
$854k
Median
$723k
Low end
$650k
9.5 %
Annual growth
$723k
Annual median sales price
$680pw
Annual median rental price
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