Sold
37B Town View Terrace, Margaret River WA 6285
Sold price: $530,000
Sold: 26 Oct 2020
Sold
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3 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 572m2
Unit
View
THE PERFECT SHORT STAY INVESTMENT PROPERTY
Cash in on the current high demand from short stay holiday makers and snap up this ideal villa sensationally located in the heart of the Shire's short stay approval zone. Located just one street back from the bustling main street of Margaret River, it's the ideal layout for the holiday maker - open plan living, low maintenance gardens and walking distance to all the attractions of town. Don't waste precious time waiting on a new build - this one will earn you high rental rewards from the moment you get your Shire approval.
The three bedroom two bathroom townhouse is on generous 572m2 and is accessed via a private hot mix driveway. Rendered brick and high pitched colourbond roofing have created two outside living spaces while extensive paving makes it easy to manoeuvre vehicles to and from a massive freestanding double carport, complete with built in storage.
Simplicity of style offers a carefree lifestyle with easy spaces to live in. The size will surprise you – elevated ceilings in the two downstairs bedrooms (both with BIR’s) while the vaulted ceiling in the open plan living flow through to the mezzanine master suite, accessed via a steel spiral staircase, complete with ensuite and walk in robe.
Open plan living has defined living and dining spaces while the well appointed kitchen, with quality appliances (including new oven and dishwasher) will appeal to the most fastidious home chef. Solid fuel heating for those cold winter months are complemented with reverse cycle air con, ensuring all year round comfort.
Easy to live in and set within attractive, low maintenance gardens, this property is a fabulous in-town pad for the professional couple, the FIFO worker, a down south escape or an immediate money maker on the short term holiday market.
Property features
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Carports
2
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Floor area
173m2
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Patio
Property snapshot by reiwa.com
This property at 37B Town View Terrace, Margaret River is a three bedroom, two bathroom unit sold by Maureen Fowler at Margaret River Real Estate First National on 26 Oct 2020.
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: $2,315 / year
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Water rates: $1,500 / 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
$880k
Median
$750k
Low end
$675k
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price
