Sold
53a Ironstone Place, Margaret River WA 6285
Sold price: $450,000
Sold: 15 Aug 2019
Sold
-
Landsize 1.00ha
Land
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Surf Shack On A Hectare
This is a great proposition and what everyone who comes to Margaret River is looking for. A very appealing hectare block in a great part of town, halfway between town and the beach, with a rustic 6m x 9m shed/shack with all the necessary infrastructure already in place.
Camp here on the weekends (Subject to Shire Approval) while you plan your dream home, with a lovely elevated homesite looking out across the southwest. Mostly paddock with some mature trees, this is a very attractive block just minutes from Cape Mentelle Winery. There is a wood fire to keep you warm, along with decent insulation, a basic kitchenette, hot running water, bathroom annexure and an 11,000 litre rainwater tank.
Electricity, water and septics are already done. The phone line runs to the shed, the property is fully fenced and as a bonus there is a bore on the block providing a year round water supply. Do your sums and you’ll see that this very quickly stacks up as a great opportunity to buy in at a price you can afford now, but which will reap good returns in the future.
Listing snapshot by reiwa.com
This land listing located in Margaret River was sold by Kim Robins at Margaret River Real Estate First National.
If you would like to get in touch with Kim Robins regarding 53a Ironstone Place, Margaret River, please call 0418 946 994 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
$847k
Median
$725k
Low end
$654k
9.8 %
Annual growth
$725k
Annual median sales price
$680pw
Annual median rental price
