Sold
5 Nebbiolo Place, Margaret River WA 6285
Sold price: $580,000
Sold: 17 May 2023
Sold
-
Landsize 2,372m2
Land
View
Rare block in prime position
Perfectly positioned in highly sought after Nebbiolo Place, this desirable piece of vacant land is elevated and takes in sweeping valley views to the north west.
The 2371 sqm block is one of the largest in this area and features an eastern boundary of 84m and a western boundary of approximately 73m… an abundance of space to design your dream home. The block is serviced with power and water and is zoned residential.
Nebbiolo Place is in a prime position on the western side of Margaret River.
It has access to the river and the Wadandi track, a walk/cycle path that goes to Cowaramup in the north and Witchcliffe to the south.
It’s an 8-minute drive to Prevelly Beach and a 2-minute drive into the town centre. With World-class wineries at your doorstep, this block will offer you endless lifestyle opportunities all year round.
For a further information, please contact Tim Beeson, your Margaret River Property Specialist.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing snapshot by reiwa.com
This land listing located in Margaret River was sold by Tim Beeson at The Agency.
If you would like to get in touch with Tim Beeson regarding 5 Nebbiolo Place, Margaret River, please call 0401 048 388 or contact the agent via email.
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
