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95 Bussell Hwy, Margaret River WA 6285

Sold price: $935,000 Sold: 27 Apr 2024
Sold
  • Landsize 993m2
Land
95 Bussell Hwy, Margaret River WA 6285

High Exposure Site

Prime Real Estate Opportunity on Margaret Rivers Main Street!

993sqm Block of Land

Are you ready to seize a golden opportunity in the heart of Margaret River? An exceptional 993sqm block of land on the bustling Main Street, offering unparalleled exposure and exceptional potential.

Key Features and Highlights Include

* Unbeatable Location: Nestled in the heart of Margaret River's vibrant Main Street, this block of land enjoys high visibility and exposure. Take advantage of the constant foot traffic ready to embrace new venture.

* Ready to Build: Sprawling across an impressive 993sqm, this generous parcel of land offers ample space for your dream project. Unleash your creativity and design a thriving commercial enterprise, luxury residences, or a combination of both.

* Possibilities Galore: With zoning that allows for a range of commercial and residential applications, the options are endless. From boutique shops, trendy cafes, or professional offices to stylish apartments or townhouses, let your imagination soar and bring your vision to life, subject to council approval of course.

* Tourism Hub: Margaret River is renowned for its stunning natural beauty, world-class wineries, and vibrant cultural scene. Harness the power of this internationally recognized tourist destination and cater to the steady stream of visitors seeking unique experiences.

* Lifestyle and Convenience: Imagine the convenience of living or working in the heart of Margaret River. Enjoy the charm of a small-town community while having easy access to amenities, dining, shopping, and entertainment options just steps away.

* Capital Growth Potential: Margaret River's property market continues to flourish, and this highly sought-after location will always be well sought after.

* Rental Income: Investors can tap into the lucrative rental market, capitalizing on Margaret River's popularity as a holiday destination and the constant demand for quality accommodations.

This is an opportunity to own a substantial block of land on Margaret River's main street, with the power to shape your future. Act now and secure your place in this dynamic and thriving community.

For more information, detailed plans, and to arrange a site inspection, contact Kingsley Edwards on 0412 90 90 22


***The Seller is registered for GST and therefore the Purchase Price is inclusive of GST. The Seller will issue a Tax Invoice to the Buyer at settlement.***

Property features

Listing snapshot by reiwa.com

This land listing located in Margaret River was sold by Kingsley Edwards at Shellabears.

If you would like to get in touch with Kingsley Edwards regarding 95 Bussell Hwy, Margaret River, please call 0412 909 022 or contact the agent via email.

Cost breakdown

  • Council rates: $5,101 / year

Nearby schools

0.7km
0.7km
0.8km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
Disclaimer

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 $905k
Median $750k
Low end $670k
7.9 %
Annual growth
$750k
Annual median sales price
$760pw
Annual median rental price

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FAQ's

95 Bussell Hwy, Margaret River was sold by Kingsley Edwards at Shellabears.

You can contact the agent here.

The average number of selling days in Margaret River is 14 days.
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