28/6 Tunbridge StreetMargaret River WA 6285
Property Details for 28/6 Tunbridge St, Margaret River
28/6 Tunbridge St, Margaret River is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 114m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (July 2024)
Situated in the heart of Margaret River central to all the groovy cafes, bars and shops this vibrant tourist town has to offer. This luxurious short stay apartment offers 2 bedrooms, 2 bathrooms with lovely forest views, river walk trails and a pool to relax by. Sold as a walk in walk out with all furnishings included.
The property is currently under lease until the 01/01/2025 returning $25,360 net per annum, it is leased by LLB Management who run a short stay holiday accommodation business. LLB Management pay all outgoings including strata, water, power, rates etc, giving you a great return, with monthly instalments being paid to the owner of just over $2113.
Written into the lease, the owner can make use of the apartment for up to 10 days free of charge each year, if you add in the value of the free holidays this is makes a fantastic investment opportunity. In a low interest rate environment, an investment like this beats the bank and provides a holiday each year!
The complex offers fabulous facilities including a sparkling swimming pool, tennis court, stunning gardens, and superb conference room facilities. The double brick construction and town centre location makes this an ideal base from which to sample the best of Margaret River, as well as a good investment.
Walk or ride through the forest trails to the river just 270m away or stroll into town for a night out. This little gem is the perfect option for holidays and return on investment.
Property History for 28/6 Tunbridge St, Margaret River, WA 6285
- 11 Jun 2024Sold for $412,000
- 13 Feb 2024Listed for Sale Expressions of interest
- 07 Feb 2007Sold for $406,667
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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 6,048 properties. Over the last 5 years, Houses in Margaret River have seen a 111.73% increase in median value, while Units have seen a 118.90% increase. As at 30 June 2026:
- The median value for Houses in Margaret River is $1,173,270 while the median value for Units is $672,764.
- Houses have a median rent of $780 while Units have a median rent of $643.
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