Sold
38 Karri Loop, Margaret River WA 6285
Sold price: $950,000
Sold: 10 May 2021
Sold
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5 Bedrooms
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3 Bathrooms
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4 Cars
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Landsize 3,067m2
House
View
MAGNIFICENT HOME PLUS GRANNY FLAT
Perched majestically at the peak of the 3/4 acre block, this large rammed earth and hardiplank clad home takes in stunning views over the tranquil forest filled valley and back yard complete with a large selection of productive fruit trees, garden arbours and covered alfresco areas.
The home itself has been thoughtfully designed with two large living rooms downstairs, one of which that leads out onto the timber decking that soaks up the backyard views. Two large bedrooms downstairs, each with their own bathrooms, provides versatile accommodation options, with one of the rooms having the infrastructure for a B & B scenario (subject to approvals). Two further QS bedrooms and with built in robes and a rumpus room are located upstairs, providing perfect separation for the kids.
If this isn't enough, there is also further earning capacity or the perfect pad for the guests or kids in a fully contained 5m x 5.5m granny flat separate from the house.
There are many features throughout this solid home...solid Blackbutt flooring in the kitchen/living room, ample storage, a renovated kitchen, walk in pantry, three reverse cycle airconditioners, two hot water systems, abundant power points, data points and TV connections, a large study at the front entrance, 2.7m ceilings throughout and rendered brick internal walls. The budding hobbyist will also enjoy the luxury of an 80sqm workshop complete with power, cool room, plumbing, mezzanine storage, telephone and TV point.
Surrounded by quality homes on large blocks, this property offers tranquility, space and freedom for the entire family and gives the feeling of living miles from anywhere, when in fact the conveniences of town and schools are only two kilometres away.
Property features
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Air conditioned
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Garages
2
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Carports
2
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Floor area
287m2
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Study
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Verandah
Property snapshot by reiwa.com
This property at 38 Karri Loop, Margaret River is a five bedroom, three bathroom house sold by Barry Granville at Margaret River Real Estate First National on 10 May 2021.
Looking to buy a similar property in the area? View other five bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $2,705 / year
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Water rates: $1,277 / 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
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