Sold
31 Karri Loop, Margaret River WA 6285
Sold price: $930,000
Sold: 22 Apr 2022
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 2,334m2
House
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EVERYONE'S FAVOURITE MARGARET RIVER COTTAGE
This gorgeous rammed earth cottage just oozes charm. The residence is right out of a story book and it is very easy to see why people love to holiday and live here. Downstairs consists of the master bedroom, bathroom and lounge, dining and kitchen area which all open to the north facing outdoor entertainment area. The other two bedrooms are located upstairs with whitewashed timber ceilings throughout.
It is just such an inviting property with a generous use of timber throughout including on the high soaring ceilings. Jarrah trims feature on window frames, trims and lovely entry statement and French doors. Boasting a toasty slow combustion fireplace, the lounge area is just the spot to relax over winter when it's cold outside.
Westwood Cottage is situated in Basildene Estate, Margaret River's premiere estate west of town on the way to the beaches of Prevelly and Gnarabup. Set on a whopper fully serviced 2334m2block , the residence is elevated and enjoys a fantastic north facing aspect over the large backyard from the kitchen, living, dining, master bedroom and outdoor entertainment areas.
Surrounded by mature established trees, the property is very private in a very attractive part of Margaret River.
The residence is very low maintenance and is presented beautifully and would make for a lovely new home if you are looking for a permanent place to live, or continue to generate an income from the short stay market if you are after a holiday home "Down South".
Your biggest problem will be knocking back visitors wanting to come and stay at this lovely property. The current owner has also supplied plans for a extension, so if there is a need to extend in the future, this may give you some ideas.
This house won't last on the market for long, so make plans to view this property as soon as you can!
Property features
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Carports
1
Property snapshot by reiwa.com
This property at 31 Karri Loop, Margaret River is a three bedroom, one bathroom house sold by Craig Bamford at Margaret River Real Estate First National on 22 Apr 2022.
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.
Cost breakdown
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Council rates: $2,560 / year
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Water rates: $1,782 / year
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
$847k
Median
$725k
Low end
$654k
9.8 %
Annual growth
$725k
Annual median sales price
$680pw
Annual median rental price
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