Sold
51 Le Souef Street, Margaret River WA 6285
Sold price: $657,000
Sold: 10 Dec 2020
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 1,021m2
House
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PRIME LOCATION & POTENTIAL
This level 1021m2 property is a 400m walk to the main street of Margaret River. Offering an enviable lifestyle with its close proximity to restaurants, bars, schools and recreation. Weekend trips to the local Farmers Market will keep the kitchen well stocked, and the ample garden allows opportunity to plant and grow your own produce.
The timber and iron 1960’s cottage is well maintained, offering 3 bedrooms, 1 bathroom and 2 living zones. The recent addition of split system air conditioning to the kitchen, lounge and Master bedroom, ensures year round comfort. Solid timber floorboards run the length of the hall and into the formal lounge at the front of the home with a traditional mantle fireplace contributing to the quaint character of this home.
The third bedroom extends into a sitting area which could be converted into a play room or study. There is ample natural light in this North facing space.
The kitchen and dining is cosy and has the original ‘everhot’ wood oven and chimney.
Depending on the time of day and season, both front and rear outdoor seating areas are protected from the elements and overlook the beautiful reticulated English cottage flowering gardens and manicured lawns. The boundaries of this property are lined with camellia, hydrangea and frangipani trees.
The rear garden has a hills hoist washing line and a fenced area with garden shed.
The driveway runs the length of the southern boundary to the large garage at the rear. The garage fits two vehicles, has good clearance and includes a good size workshop.
This property provides the new owner with multiple options including renovation, extension or if inclined clear the existing structures and develop. The zoning allows for a 3 or 4 unit development subject to local shire approval and the location falls within the short stay zone.
This property has no residential tenancy in place so there is the option to move in immediately after settlement.
Property features
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Garages
1
Property snapshot by reiwa.com
This property at 51 Le Souef Street, Margaret River is a three bedroom, one bathroom house sold by Nicole Fowler at Margaret River Real Estate First National on 10 Dec 2020.
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: $1,267 / year
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Water rates: $1,535 / 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
