FOR SALE
Expressions of Interest

Pl 1/20 Tunbridge Street
Margaret River WA 6285

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1188m2
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Commercial Gateway

Potential mix use commercial gateway to new residential development.
Be the first to see the opportunity to develop this new commercial lot just off the main street of Margaret River. This 1188m2 block will have services connected, titles estimated to be issued in May 2025.
Good traffic exposure with wide street frontage and gateway to a new boutique 26 lot residential development. Close to the health precinct and walking distance to the centre of town, this will be sought after commercial space.
Potential commercial uses are medical centre, consulting rooms, childcare, industry-cottage and arts and crafts centre or mixed use residential.
Call today to discuss.
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 Pl 1/20 Tunbridge St, Margaret River

Building Type
Commercial
Land Size
1188m2

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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 5,813 properties. Over the last 5 years, Houses in Margaret River have seen a 98.28% increase in median value, while Units have seen a 170.70% increase. As at 30 November 2024:

  • The median value for Houses in Margaret River is $885,124 while the median value for Units is $569,156.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 58 properties listed for sale, and 6 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 372 properties were sold in the past 12 months in Margaret river.

Suburb Insights for Margaret River 6285

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Michelle Pownall
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Ray White Stocker Preston | Busselton
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.