SOLD
Sold on 26 Mar 2024 for $2,040,000

59 Margaret Street
Cottesloe WA 6011

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 212m2
Sold By
Renouf Real Estate
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Property Details for 59 Margaret St, Cottesloe

59 Margaret St, Cottesloe is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 212m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Cottesloe in the last 12 months.

Building Type
House
Year Built
1962
Floor Size
176m2
Land Size
212m2
Local Government
Cottesloe
Lot/Plan
43/P000691

Last Listing description (April 2024)

Presented by Jayson Renouf of Renouf Real Estate. The Beach is calling, start and end your day with a swim! With the perfect 'beach weather' indicator from the primary living space you will have no excuse for missing a dip making this outstanding property an investment in your future lifestyle. Live Life in one of Cottesloe's finest locations and friendliest streets! Margaret Street offers views, amenity, and a lifestyle to covet. Awake to sounds of crashing waves, the fresh ocean air, and a short stroll to the azure waters of Cottesloe's finest swimming beaches. The existing circa 1962 residence is an exciting opportunity for you to either finish the renovation project that has been started but is currently incomplete and to put your stamp on the home or otherwise start from scratch, call your architect and shoot for the dream in this truly outstanding location! We do have plans by an award-winning architects Klopper Davis [subject to formal approvals] for a further reworking of the existing structure if you are keen to take the home further. The home has mid-century styling and with a final fit out would provide an appealing and functional residence a stones throw from the beach! With the planned renovation the home will provide two open plan living areas, 3 bedrooms, 2 Bathrooms and great storage. This is a fantastic opportunity to create a home that is both modern and timeless in this most desirable coastal location in one of Cottesloe's preeminent and iconic streets. Whilst probably not a home or new homesite for the 'Brady Bunch' this is the ideal property for a smaller family, professional couple or empty nesters that are desiring an efficient residence in one of Cottesloe's finest coastal locations to 'lock and leave' as required allowing them to enjoy the home and the beach when they are here and to have very little to worry about when they are not! Features: Whist you are free to take the home or site in whatever direction best suits you the existing residence lends itself towards: 3 bedrooms, 2 bathrooms and 2 living areas that span across 2 levels. Off-street parking is provided for 2 cars. If you prescribe to the well-worn real estate cliche of 'location, location, location' then this could be the property for you as I doubt you will find an equivalent property in a better location anywhere else in the Cottesloe. Walk to the beach, have a coffee at Daisies and live life under the iconic melaleuca and pine trees in Western Australia's premier beachside suburb. This property represents a golden opportunity to live this close to the beach. Truly an investment in your future lifestyle. Make it yours!Lifestyle: Walk to the Beach, the Train line, North Cottesloe Primary School, Daisies, The Eric Street shopping centre, Allen Park the Kirkwood Deli..... Surely one of Cottesloe's most convenient addresses. Coastal living in one of Cottesloe's revered locations. This high amenity location is conveniently located to the vibrant Claremont Quarter retail precinct and is in close proximity to the majority of Perth's finest schools. Additional local amenities nearby include Cottesloe Golf Club and Allen Park. Property Particulars: Total Area: 212 square metres, Green title [ie not a strata, so no meetings or levies as you are on your own block so enjoy your autonomy!], Local Authority: Town of Cottesloe, Council rates: $ 23/24 Water Rates: $ 23/24. *Please note that while best effort is made to ensure rates are correct at time of listing, they are provided for reference only and may be subject to change. Homes and new homesites in this location and of this description are few and far between so do not miss this outstanding opportunity in the immediate 'Ocean Precinct' ever popular North Cottesloe.A rare and exciting opportunity offering a lifestyle to covet, make it yours! Grab your towel and make your offer today!Contact the exclusive agent:Jayson Renouf B.Bus RENOUF REAL ESTATE0412 597 586jayson@renoufrealestate.comLiving, Breathing, Selling Cottesloe!

Property History for 59 Margaret St, Cottesloe, WA 6011

A timeline of how this property has performed in the market
Last Sold
$2,040,000
26 Mar 2024
  • 26 Mar 2024
    Sold for $2,040,000
  • 13 Dec 2023
    Listed for Sale Offers above $2M
  • 22 Feb 2022
    Sold for $1,740,000
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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 4,060 properties. Over the last 5 years, Houses in Cottesloe have seen a 75.84% increase in median value, while Units have seen a 104.92% increase. As at 30 September 2024:

  • The median value for Houses in Cottesloe is $3,152,129 while the median value for Units is $1,245,951.
  • Houses have a median rent of $1,400 while Units have a median rent of $750.
There are currently 24 properties listed for sale, and 5 properties listed for rent in Cottesloe on OnTheHouse. According to CoreLogic's data, 144 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.