FOR SALE
$1.35 million range

5 Bussell Highway
Margaret River WA 6285

Bedrooms: 6
Bathrooms: 5
Car spaces: 8
Land area: 1012m2
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Margaret River Charm | Options + Income

This unique two-storey home exudes original Margaret River charm and character, has been renovated in a luxe style and is packed with incredible features. Set on a generous 1012m² block, it offers six spacious bedrooms and five truly stunning bathrooms making it an ideal large family home or potential BnB. The fully self-contained downstairs area boasts three large bedrooms, including a beautiful primary suite with its own sitting area and ensuite. The second bedroom features a newly renovated ensuite, while the third has access to a newly renovated common bathroom. The north-facing lounge is bathed in winter sunlight, with large windows that open onto an expansive undercover decked area, complete with a raised jarrah decked pathway leading to a secluded sitting nook amidst the trees. At the rear of the house, the outdoor space continues with a fully enclosable outdoor kitchen on jarrah decking, featuring a perfectly positioned pizza oven.
Upstairs, the home opens into a large, airy, open-plan living, dining and kitchen area. Two additional bedrooms are found here, including a second primary suite with a luxurious claw-foot bath in the exquisite ensuite, which leads to a private decked balcony nestled among the trees. The second bedroom also opens onto a back-decked balcony, with views of the lush backyard and surrounding forest. A separate third bedroom is perfect for BnB with a gorgeous ensuite, lovely views and access from the balcony.
The tiered, lawned backyard includes raised vegetable beds, a chook pen, large shed, woodshed, and a spacious upper terrace housing a caravan with its own rear lane access.
The property backs onto a native reserve, and neighbours have added extra stand-alone residence/ancillary dwellings which is an option for this property too! Under the new STRA laws (short-term residential accommodation ) you could bring in extra income once built or live in it yourself and rent the whole house. The income potential and options are endless.
The back lane leads to the renowned Brewhouse, just a short walk away, and continues into town past Rotary Park, following a scenic 2.5km river walk where you can stop for a cappuccino at The Hairy Marron. The walk to town takes less than 10mins, with a 1mins drive offering even quicker access. Additionally, the famous Ginversity is a short stroll across the road.
The home is equipped with a central wood fire positioned by the stairwell, heating both levels, alongside a large R/C A/C for convenience. The upper front balcony and lower back outdoor kitchen area feature professionally installed lockable blinds for added security. The property also includes a 30,000L rainwater tank, a 6kW solar system with solar hot water, and parking for 8+ cars, both in front and back.
Plans had been considered to demolish the existing shed and build a self-contained granny flat with two bedrooms on a mezzanine level, offering uninterrupted forest views. Currently, the owners live upstairs while renting individual rooms in the downstairs area, which are highly sought after and have been rented for $250-$300/week.
Please get in touch to arrange a viewing to appreciate this amazing property with endless possibilities.
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628

Property Details for 5 Bussell Hwy, Margaret River

5 Bussell Hwy, Margaret River is a 6 bedroom, 5 bathroom House with 8 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Ray White Stocker Preston | Margaret River.

Building Type
House
Land Size
1012m2

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About Margaret River 6285

The size of Margaret River is approximately 61.3 square kilometres. It has 32 parks covering nearly 21.9% of total area. The population of Margaret River in 2011 was 6,328 people. By 2016 the population was 7,650 showing a population growth of 20.9% in the area during that time. The predominant age group in Margaret River is 30-39 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margaret River work in a trades occupation. In 2011, 61.8% of the homes in Margaret River were owner-occupied compared with 65.6% in 2016.

Margaret River has 5,788 properties. Over the last 5 years, Houses in Margaret River have seen a 99.01% increase in median value, while Units have seen a 132.13% increase. As at 31 October 2024:

  • The median value for Houses in Margaret River is $870,796 while the median value for Units is $541,593.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 62 properties listed for sale, and 5 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 363 properties were sold in the past 12 months in Margaret river.

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Clare Andrews
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Ray White Stocker Preston | Margaret River
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