Sold
8/34 Town View Terrace, Margaret River WA 6285
Sold price: $530,000
Sold: 14 Dec 2020
Sold
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2 Bedrooms
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2 Bathrooms
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1 Car
House
View
Dual Zoned Cash Cow!
That's right this stunning apartment enjoys the benefits of both a permanent residential and short stay zoning not to mention a license to print money!
Entering the apartment, you will be suitably impressed by the light and bright living area which in turn opens up onto one of the largest balconies I have ever seen where many an hour can be spent taking in the commanding views over the main street to the picturesque Karri Forest backdrop!
Back inside features include solid timber floors throughout the living areas, a modern and spacious kitchen highlighted by Granite benchtops and the latest appliances.
Both bedrooms are extremely roomy with the west side bedroom featuring its own en-suite and direct access to that expansive balcony whilst the east side bedroom is the same size with access to the bathroom just around the corner! Other features include undercover parking and your own private storage unit.
So whether you are looking for a down south escape where you can earn a tidy income when you aren't there or just want to enjoy living in the lap of luxury with all the benefits of town being on your doorstep then you have come to the right place!
And for the FIFO worker, wouldn't you love coming home to this to kick back, relax and enjoy the local beach and nightlife then when you go back to work you can rent it out to the short stay holiday market and put a serious dent in that mortgage!
All fixtures, fittings and furnishings included in the price.
Call today for more information or to arrange your own private inspection.
• Permanent or short stay occupation
• Solid timber flooring
• Granite benchtops
• 2 x Reverse Cycle Air Conditioning
• Huge Balcony with Views across Town
• Undercover parking
• Private Storeroom
• 100m to Main Street Shopping & Entertainment
Property features
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Air conditioned
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Carports
1
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Toilets
2
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Floor area
130m2
Property snapshot by reiwa.com
This property at 8/34 Town View Terrace, Margaret River is a two bedroom, two bathroom house sold by Kim Hewton at Ray White Stocker Preston on 14 Dec 2020.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Margaret River or see other recently sold properties in Margaret River.
Cost breakdown
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Council rates: $1,730 / year
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Water rates: $1,463 / year
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Strata fees: $773 / quarter
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
This listing
9.5 %
Annual growth
$750k
Annual median sales price
$680pw
Annual median rental price
