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35/40 Wallcliffe Road, Margaret River WA 6285

Sold price: $90,000 Sold: 30 Dec 2020
Sold
  • 1 Bedroom
  • 1 Bathroom
House
35/40 Wallcliffe Road, Margaret River WA 6285

Down South Escape for $100k!

That's right need a place to escape the city to without breaking the bank, then I can guarantee you will not find a cheaper purchase within the Greater 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, with all furnishings included in the price the improving rental return will look after your mortgage and running costs while you get to use the property when you want!

Zoned Short Stay/Tourism owners can only use up to 3 months in any given 12 month period.

Call today for more information or to arrange your own private viewing.

• Spa Apartment
• Swimming Pool
• Tennis Courts
• Onsite Restaurant & Bars
• 600m to main street

Property features

  • Below ground pool  
  • Air conditioned  
  • Toilets 1
  • Floor area 52m2

Property snapshot by reiwa.com

This property at 35/40 Wallcliffe Road, Margaret River is a one bedroom, one bathroom house sold by Kim Hewton at Ray White Stocker Preston on 30 Dec 2020.

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: $1,698 / year
  • Water rates: $1,293 / year
  • Strata fees: $1,371 / 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
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 $880k
Median $750k
Low end $675k
This listing
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price

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FAQ's

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

The median house price in Margaret River is $750,000, the median unit price is $820,000.
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