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34/40 Wallcliffe Road, Margaret River WA 6285

Sold price: $125,000 Sold: 02 May 2022
Sold
  • 1 Bedroom
  • 1 Bathroom
Unit
34/40 Wallcliffe Road, Margaret River WA 6285

SPA APARTMENT AT THE RIVER

This self-contained spa apartment is situated at the northern end of the resort and enjoys the use of all the resort facilities including a swimming pool, tennis and volleyball courts and the River Hotel which is a popular venue for dining and entertainment.

The location couldn’t be better with everything Margaret River offers at your fingertips. There are cycle paths that connect you to the main strip, forest trails or beach. Right across the road is a sport recreation centre, indoor pool, cinema and skate park.

Owners stay for a small fee per night (maximum of 3 months) and when not being used by family or friends, the generous monthly income makes for a good investment.
Investment properties in the heart of Margaret River have been highly sought after in recent months .

Property features

  • Floor area 51m2

Property snapshot by reiwa.com

This property at 34/40 Wallcliffe Road, Margaret River is a one bedroom, one bathroom unit sold by Nicole Fowler at Margaret River Real Estate First National on 02 May 2022.

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: $1,731 / year
  • Water rates: $1,362 / year
  • Strata fees: $1,386 / quarter

Nearby schools

0.2km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
0.8km
Margaret River Montessori School
  • Primary
  • Non-government
0.8km
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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

Contact the agency

Margaret River Real Estate First National

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FAQ's

The average number of selling days in Margaret River is 12 days.

34/40 Wallcliffe Road, Margaret River was sold by Nicole Fowler at Margaret River Real Estate First National.

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