25 Merlot Pl, Margaret River is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 2000m2 and floor size of 244m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
Featuring 4 bedrooms and 4 bathrooms the options are endless, move the family on in or operate your choice of accommodation business? Whatever you decide this is an amazing home being offered below replacement costs!
Walking into this spacious home you can see instantly that all the areas have been well thought out and there is no compromise on quality. A massive kitchen, 2 dining areas, 2 living areas, 4 large bedrooms and recently updated bathrooms ensure nothing will disappoint.
The large easy plan layout would be perfect for a family with teenagers or older children that will revel in the space and privacy or like the present owners you could continue to use the property as a profitable, very popular and well known bed and breakfast. If you are wanting to buy a well-run business this would be a good place to start, financials are available on request.
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 5,811 properties. Over the last 5 years, Houses in Margaret River have seen a 91.27% increase in median value, while Units have seen a 93.81% increase. As at 31 December 2024:
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