4/70 Town View TerraceMargaret River WA 6285
Property Details for 4/70 Town View Tce, Margaret River
4/70 Town View Tce, Margaret River is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 259m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (April 2021)
In the highly prized tourist destination of Margaret River, you'll find this stunning 3 bedroom, 2 bathroom townhouse that offers owners multiple possibilities.Split over two beautifully crafted levels, the townhouse is a highly desirable property for both owner occupiers and savvy investors. And it's easy to see why! With amazing potential for a passive income from Airbnb the purchase price includes;- Styling and furniture- 5 year Shire Approval for Short Stay - Brand new website with channel manager setup- Established social media - Dropbox of thousands of professional/collaborated imagesPreviously run via Airbnb achieving 'super host listing' plus all of the other booking channels with an average rating of 4.7/5 stars.However you choose to utilise this brilliant property, you're guaranteed one thing: space, style and comfort both upstairs and down. The ground floor is light and bright and comprises an open plan kitchen / living area plus a dining room with vaulted ceiling and access to a private courtyard for outdoor living. A luxurious master suite, with en-suite bathroom and built-in robes, is also located on the ground floor with lovely north facing picture windows. A convenient double lock up garage with shoppers' entry, and a laundry and separate WC, allow easy all-weather access and extra storage.Upstairs comprises a large living area / theatre room with an abundance of light and 2 generous bedrooms, both with built-in robes, and a separate bathroom with bathtub.Other key features for comfort include ceiling fans and reverse cycle air-conditioning.The Airbnb has been paused for the last 12 months and the townhouse has been permanently tenanted at $400 per week. The previous 3 years' financial details are available on request after signing a confidentiality deed.Whether you're looking for a holiday house, lock up and leave, or place to call home, this top property allows the choice. Inspection available by appointment only.NB: Photos from when previously run as short stay.
Property History for 4/70 Town View Tce, Margaret River, WA 6285
- 22 Feb 2021Sold for $652,000
- 16 Feb 2021Listed for Sale Offers Above $600,000
- 11 Mar 2016Sold for $485,000
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About 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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