81 Tunbridge Street, Margaret River WA 6285
Sold price: $800,000
Sold
Sold: 13 Feb 2022
3 Bedrooms
1 Bathroom
Landsize 2,567m2
House
Contact the agent
Margaret River Real Estate First National
RARE DEVELOPMENT OPPORTUNITY WEST OF TOWN
Multi-unit development potential on 2567m2 site, currently zoned future tourism west of Margaret River townsite.Home to a clean, retro feel, solid brick 3 bedroom, one bathroom home with open plan kitchen, dining & living areas. Wooden windows offer up views to large rear garden and winter creek on the western boundary.
There’s plenty of room on this site to add on an art studio or granny flat or garage & workshop.
Walk or cycle to town and take advantage of the forest & beach cycle trails which connect across the road or relax in the sun under the peppermint trees on the back lawn.
Whether you’re looking for an investment (the tenants would love to stay on – currently paying $385/week), a holiday residence or a development opportunity, the option is yours.
Contact agent for a price guide and to arrange an inspection.
The adjoining 2174m2 property with two homes is also available for sale. Combined, there is the potential for 8, possibly 9 units (subject to shire approval).
Property features
Cost breakdown
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Council rates: $2,114 / year
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Water rates: $270 / year
Nearby schools
| St Thomas More Catholic Primary School | Primary | Non-government | 0.4km |
| Margaret River Montessori School | Primary | Non-government | 0.8km |
| Margaret River Senior High School | Secondary | Government | 1.0km |
| Margaret River Primary School | Primary | Government | 1.1km |
| Rapids Landing Primary School | Primary | Government | 2.2km |
| Cowaramup Primary School | Primary | Government | 11.9km |
| Margaret River Independent School | Primary | Non-government | 13.3km |
| Karridale Primary School | Primary | Government | 29.6km |
| Yallingup Steiner School | Primary | Non-government | 31.2km |
| Vasse Primary School | Primary | Government | 34.7km |