Reiwa Reiwa
48 Le Souef Street, Margaret River WA 6285

48 Le Souef Street, Margaret River WA 6285

Sold price: $830,000
Sold
Sold: 10 Dec 2021

3 Bedrooms

1 Bathroom

1 Car

Landsize 959m2

House

Contact the agent

Ray White Stocker Preston


HOLIDAY RENTAL AND FUTURE DEVELOPMENT IN TOWN

Opportunities like this don't come along very often, so grab it while you can!

Subdivide with current dwelling in place; remove cottage and divide to create two blocks; remove cottage and create a 4 unit development site; or simply enjoy this well-cared-for and greatly loved character cottage just a short stroll to the marvelous Margaret River Main Street. Simple, light and airy, the home has a fabulous relaxed feel and has sat happily on this delightful piece of land for over 60 years.

Set on a massive 959sqm block, options abound and include:

• Move in and simply enjoy space to grow a family and a garden - embrace the great Aussie backyard with westerly views, and fruit and avocado trees (not to mention the super sweet front yard!)

• If it's a holiday home you're looking for - what a beautiful little AirBnB this one would make - guests will thrill in the character, and be grateful for the perfect central location so close to all that the region has to offer.

• And there's nothing like investing in a property that can create wealth - here you can have holiday rental income* and/or in the future pursue a subdivision - one that retains the cottage and creates two parcels, or remove the house and create up to 4 parcels.

Here is the life you've been dreaming of - call now to have a chance with this prized parcel of Margaret River earth.

To allow transparency and fairness to buyers, this property is for sale by Openn Offers. Please get in touch to be involved - the property can sell at any time.

*NB. The property is in the Shire's Holiday House Permissible Zone but approval has not been sought

Property features

  • Garages 1
  • Toilets 1

Cost breakdown

  • Council rates: $2,150 / year
  • Water rates: $1,463 / year

Nearby schools

Margaret River Primary School Primary Government 0.2km
Margaret River Senior High School Secondary Government 0.2km
St Thomas More Catholic Primary School Primary Non-government 0.6km
Margaret River Montessori School Primary Non-government 1.1km
Rapids Landing Primary School Primary Government 1.4km
Cowaramup Primary School Primary Government 11.6km
Margaret River Independent School Primary Non-government 13.0km
Karridale Primary School Primary Government 29.5km
Yallingup Steiner School Primary Non-government 31.4km
Vasse Primary School Primary Government 34.3km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4540139