Sold
8 Honeyeater Loop, Margaret River WA 6285
Sold price: $415,000
Sold: 30 Oct 2019
Sold
-
4 Bedrooms
-
2 Bathrooms
-
2 Cars
-
Landsize 579m2
House
View
The Ideal Investment Or Family Home
The owner of this rock solid home has had a change in circumstances and needs to move this property quickly and has recently dropped the asking price! So don't hesitate - snap up this fabulous family home or fabulous investment, with the current tenant paying $400 per week.
The home is solid rendered double brick, is nestled amongst established gardens and enjoys the low maintenance luxury of concrete aggregate paving, tiled living areas and comfortably carpeted bedrooms. The front living room provides a cosy area to gather with the family whilst the expansive open plan family area allows more space to spill out onto the covered alfresco area which overlooks the back yard. Direct access to the kitchen from the roller door enclosed garage allows convenient entry to the house no matter the weather. Low maintenance qualities and four well sized bedrooms, all with built in robes, and two bathrooms all add up to making this the perfect investment as you will always be able to attract tenants and reap rental rewards. The property is currently leased until February 2020.
This ideal property for the family or the investor is situated close to schools and the centre of town and all of it amenities, not to mention being in the heart of the Margaret River region and all of its beautiful attractions.
Property features
-
Garages
2
-
Floor area
180m2
Property snapshot by reiwa.com
This property at 8 Honeyeater Loop, Margaret River is a four bedroom, two bathroom house sold by Barry Granville at Margaret River Real Estate First National on 30 Oct 2019.
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.
Cost breakdown
-
Water rates: $1,277 / 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
$825k
Median
$720k
Low end
$625k
10.9 %
Annual growth
$720k
Annual median sales price
$700pw
Annual median rental price
Contact the agent
