1/43 Town View TerraceMargaret River WA 6285
Property Details for 1/43 Town View Tce, Margaret River
Last Listing description (January 2022)
A home fit for a king or queen? An established business? Or, a work from home space? Whatever your heart desires this place can make it possible!
If you desire a home! - 6 spacious bedrooms all with their own master ensuite! Perfect for a large family or a great holiday home that you can lock and leave with an exceptionally low maintenance yard as the whole of Margaret River town is your playground and the region on your doorstep! If you don't want to take over the established business, there is the possibility to run your own business from home! Whatever that may be!
If you desire an established business! - In today's current climate there is no surer bet than buying into Western Australia's thriving economy and there is no safer region than that of Margaret River and our booming holiday accommodation trade.
Boasting elevated views of town "Studio Guest Suites" is in the heart of Margaret River. The property is set amidst the groovy cafes and shops and just a short stroll home from the happening nightlife and delicious restaurants.
The business component includes a fully furnished Bed and Breakfast with 4 themed rooms, guest lounge and library plus reception. With a current 72% occupancy rate and a substantial number of forward bookings, this property is an easy yes to all clever investors looking to enter into this ever growing market.
In total 1/43 Town View compromises of six bedrooms (one currently used as the family home with full kitchen, dining and entertainment area) however, those looking to maximise their income and reside elsewhere could add a penthouse suite to the picture and watch the profits boom.
The uniqueness and quality of this upmarket holiday destination not only speaks for itself, but is echoed by the many testimonials of delighted repeat customers.
This is an opportunity not to be missed, for more information on this wonderful investment, please do not hesitate to call.
Property History for 1/43 Town View Tce, Margaret River, WA 6285
- 10 Apr 2022Sold for $1,330,000
- 01 Apr 2021Listed for Rent - Price not available
- 05 Apr 2019Listed for Sale $1,895,000
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0About Margaret River 6285
The size of Margaret River is approximately 61.3 square kilometres. There are 32 parks, covering nearly 21.9% of the total area. The population of Margaret River in 2016 was 7654 people. By 2021 the population was 8918 showing a population growth of 16.5% in the area during that time. The predominant age group in Margaret River is 40-49 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Margaret River work in a professional occupation.In 2021, 70.10% of the homes in Margaret River were owner-occupied compared with 65.60% in 2016.
Margaret River has 6,061 properties. Over the last 5 years, Houses in Margaret River have seen a 102.45% increase in median value, while Units have seen a 89.29% increase. As at 31 July 2026:
- The median value for Houses in Margaret River is $1,152,786 while the median value for Units is $596,638.
- Houses have a median rent of $780 while Units have a median rent of $650.
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