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WORK IN PROGRESS
In the heart of the Leeuwin Naturaliste Ridge set on 3.49 hectares right on the stunning coastline of the South West Region, is this impressive 3 bedroom, 2 bathroom architecturally designed one of a kind home. Features include soaring ceilings, Jarrah timber beams, fireplace, huge master suite, atrium, office, double garage, stone columns with large openings to the outside.
Currently in a state of in-completion this home has been solidly built of limestone, brick and Jarrah timbers, with plumbing and electrical in place all the hard work has been done, so all that’s left is all the fun stuff for the new owners to complete. Anyone willing to take this large project will reap the benefits down the track.
Bring your creative flair and your vision for finishing touches and make this your dream home.
Call your exclusive Agent Megan Booth on 0427 480 745 for your Inspection.
*Please note that this house is unfinished and will be "Sold As Is". All purchasers must carry out their own Due Diligence on the property.
Property features
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Garages
2
Property snapshot by reiwa.com
This property at 91 Rainbow Cave Road, Margaret River is a three bedroom, two bathroom house sold by Megan Booth at Margaret River Real Estate First National on 10 Oct 2019.
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: $2,060 / 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
$820k
Median
$708k
Low end
$620k
9.0 %
Annual growth
$708k
Annual median sales price
$700pw
Annual median rental price
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