Sold
5 Niblett, Margaret River WA 6285
Sold price: $675,000
Sold: 17 Jul 2020
Sold
-
4 Bedrooms
-
1 Bathroom
-
4 Cars
-
Landsize 1.26ha
House
View
Awesome, big renovation opportunity!
This 80's built home, located on a 1.26ha established block in one of the most desirable locations in the Margaret River residential area, is in serious need of a creative renovation - spend $150,000 and apply for the $25,000 government grant!
With 4 bedrooms, the dining area alongside the kitchen, and a large separate living area, there is plenty of potential to bring this property back to life.
Although the established trees and gardens around the property are in need of a landscape gardener's touch, the exisiting vegetation is home to dozens of bird species, kangaroos and other local creatures, whilst providing protection and privacy.
Also featuring a huge shed and old water tanks, there is more scope for improvements and opportunity here!
Call for an inspection appointment today.
Property features
-
Garages
2
-
Carports
2
-
Toilets
2
-
Floor area
200m2
Property snapshot by reiwa.com
This property at 5 Niblett, Margaret River is a four bedroom, one bathroom house sold by Mitch Thorson at Mack Hall Real Estate in assoc. with Knight Frank on 17 Jul 2020.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
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
