OFF MARKET

2/50A Margaret Street
Cottesloe WA 6011

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 214m2
Land area: 498m2
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Property Details for 2/50a Margaret St, Cottesloe

2/50a Margaret St, Cottesloe is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2022. The property has a land size of 498m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2022
Floor Size
214m2
Land Size
498m2
Local Government
Cottesloe
Lot/Plan
2/S079185

Last Listing description (June 2022)

Located in a quiet cul-de-sac off Margaret Street in Cottesloe and a stone's throw from the shoreline, "The Beach House" is designed to look like a gracious home but is actually four beautiful and bespoke apartments within their landscaped grounds.

A stunning mix of modern architecture, bright open spaces and premium specifications, all set within a world-famous beachside premium residential location. "The Beach House" makes every day feel picture perfect.

As you enter your unit from the lobby you immediately experience light, open plan, luxury living. A space with high ceilings and the opportunity to add personality to your home, it would work perfectly as a library or somewhere to hang your signature artworks. From here you flow through into the large sitting area with a gas fire and full-length doors/windows to witness the ocean views and remarkable sun sets, before continuing to a large dining area and designer kitchen loaded with Miele equipment.

The piece de resistance is the al fresco area. With full height sliding glass doors from the kitchen and hall, there's an outdoor barbecue - perfect for entertaining - as well as a great sitting area where you can relax with friends, children or just a good read. This is a larger and more practical area than anything else you will have experienced, protected from the elements and open to the master bedroom as well.

The master bedroom includes a large en-suite bathroom and walk in wardrobe area, as well as the opportunity to open this space up and flow through the alfresco to the main living area. As you would expect this means cross ventilation is amazing, as well as the ingress of light through the entire residence.

The two other generous bedrooms have en-suites with built in wardrobes. There is also a study, powder-room and laundry. It really is your own residence without the usual daily maintenance, maximum privacy a given, securely placed in the beach environment you love

The perfect option for down sizers who wish to lock up and leave, as well as for families due to the size of these substantial homes. Security is at a premium with lift access from the ground floor entrance lobby and an underground parking area, with three car bays and electric charging points for cars.

The Location:
A true urban oasis on the shore, with long sandy beach walks and lagoon and reef swims on your doorstep. Embracing an active outdoor lifestyle is easy when you call "The Beach House" your home. Following your morning exercise and coffee, in just minutes you can be heading off to work in the east or heading west to relax on the beach. Every day brings exciting new opportunities and experiences, all within a short walk from your new home.

Head down Marine Parade, and you'll be spoilt for choice with the huge array of bars and cafes, many of which enjoy breathtaking ocean views. The world-famous Cottesloe Beach is
yours to enjoy, as are the thriving social events of the North Cottesloe and Cottesloe Surf Lifesaving Clubs, Cottesloe and Seaview Golf Club plus a variety of community sporting clubs.

Locally you'll also find the popular Napoleon Street with its boutique shops, cafs and Boatshed Market, offering fresh, quality produce every day of the week.

With the stunning Indian Ocean just 75m from your front door, you'll enjoy front-row seats to some of the world's most incredible sunsets. From your spacious balcony, you'll be able to relax with friends and enjoy the free sky show every night, or simply sit outside with a book while listening to the ebb and flow of the waves.

The design team here have built high end homes in New Zealand, London and Perth. This site was chosen for its rarity and its exclusivity and the opportunity to provide a truly International design palette for a discerning few. With the purchase of this residence the project will start construction so NOW is the time.

For a confidential discussion online or in person please contact us.

Property History for 2/50a Margaret St, Cottesloe, WA 6011

A timeline of how this property has performed in the market
Last Sold
$3,500,000
19 Jan 2021
Listed for Rent
$595/w
19 Nov 2015
  • 02 May 2022
    Listed for Sale Sold
  • 19 Jan 2021
    Sold for $3,500,000

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About Cottesloe 6011

The size of Cottesloe is approximately 3.9 square kilometres. It has 11 parks covering nearly 21.9% of total area. The population of Cottesloe in 2011 was 7,399 people. By 2016 the population was 7,389 showing a population decline of 0.1% in the area during that time. The predominant age group in Cottesloe is 50-59 years. Households in Cottesloe are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cottesloe work in a professional occupation. In 2011, 65.8% of the homes in Cottesloe were owner-occupied compared with 68.6% in 2016.

Cottesloe has 4,058 properties. Over the last 5 years, Houses in Cottesloe have seen a 81.24% increase in median value, while Units have seen a 75.37% increase. As at 31 October 2024:

  • The median value for Houses in Cottesloe is $3,188,208 while the median value for Units is $1,208,631.
  • Houses have a median rent of $1,350 while Units have a median rent of $750.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Cottesloe on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Cottesloe.

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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.