2/6 Town View Terrace

Margaret River WA 6285

Rarely does a property of this character come to market. Located just steps away from the vibrant heart of Margaret River on a rear strata block, this exceptional, nautical-themed property offers a rare blend of artistry, craftsmanship, and prime location. Surrounded by shady trees and tranquil paved courtyards, this property's two purpose-built buildings are constructed from the finest Jarrah weatherboard and iron, reflecting a timeless design that marries both beauty and function.Designed as short-stay accommodation, each space has been thoughtfully curated, with custom-built cabinetry, fixtures, and fittings all crafted from premium West Australian timbers, making the interior feel both warm and inviting. Impressive leadlight windows, skylights, and carefully selected historical artefacts further elevate the property, creating an ambiance of timeless charm and intrigue. Most of these distinctive features will be included in the sale, though some details may be clarified with the agent.Previously operated as the Admiral Stirling Inn for many years, the property generated significant income and enjoyed high occupancy. It is currently leased to a labor hire company until May 2028, which offers a rare opportunity to secure a distinctive property as a hassle-free investment, delivering an attractive return on investment of around 10%. Combined with the strong capital growth in Margaret River and the property's unique appeal, this is an exceptional and lucrative investment opportunity.Should you wish in the future to return this property to the short-term accommodation market, the design offers 9 accommodation rooms, each with its own bathroom and either a full kitchen or beverage-making facilities. Additionally, there is a fully equipped on-site kitchen and covered barbecue area.An inspection of the property and a copy of the current lease agreement is available on request.