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Unique Investment Opportunity in Margaret River - Dual-Use Living
Rarely offered for sale, these tightly held dual-use townhouses provide the perfect blend of permanent living and holiday rental potential. Embrace chic urban living while being surrounded by the stunning natural beauty of Margaret River.
This conveniently located townhouse features zoning for residential or short-term, making it an ideal investment for those looking to enjoy the vibrant local scene. Just a short stroll from the main street's cafes and restaurants, and on the edge of the picturesque Margaret River valley, you'll find endless lifestyle opportunities right at your doorstep.
As you enter through the walled and gated front courtyard, you're welcomed into a beautifully designed open-plan living space. This comfortable area connects to a sheltered private courtyard, perfect for evening BBQs or relaxing after a day of exploring. The high-quality kitchen boasts premium appliances and stone benchtops, making everyday living a breeze. A convenient laundry and toilet are located off the kitchen, with access to the rear carport and storeroom. Parking is easily managed via a gated driveway, with additional space available right out front.
Upstairs, you'll find three inviting bedrooms, two with built in robes, and two well-appointed bathrooms. The primary suite features an ensuite bathroom, and its double-glazed windows and sliding door lead to a private balcony where you can enjoy the lively atmosphere of the township.
This property has enjoyed 20 years of successful short-term rentals, achieving steady occupancy, rave reviews, and a loyal repeat clientele. The owner has prioritized maintenance, with quality appliances upgraded as needed, regular servicing of A/C units, and professionally cleaned carpets. Additionally, the townhouse is offered for sale fully furnished, with many items recently upgraded for your convenience.
Don't miss this rare chance to own a stylish townhouse in one of Australia's most sought-after destinations. Embrace the Margaret River lifestyle today!
For further information on returns and to arrange an inspection please contact Clare or Sarah. Please note this property is consistently booked so access is limited to the designated home opens with other small windows to view available.
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628
Property features
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Below ground pool
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Air conditioned
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Carports
1
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Toilets
3
Property snapshot by reiwa.com
This property at 46/6 Tunbridge Street, Margaret River is a three bedroom, two bathroom house sold by Clare Andrews and Sarah Twine at Ray White Stocker Preston on 24 Oct 2024.
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: $3,013 / year
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Water rates: $2,554 / year
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Strata fees: $1,295 / quarter
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
$905k
Median
$750k
Low end
$670k
7.9 %
Annual growth
$750k
Annual median sales price
$760pw
Annual median rental price
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