29 Bussell HighwayMargaret River WA 6285
Property Details for 29 Bussell Hwy, Margaret River
Last Listing description (November 2024)
Nestled on the hill at the entrance to the Margaret River township, the popular Heritage Trail Lodge offers a unique accommodation experience at the edge of the Bramley national park. The Heritage Trail Lodge is perfectly situated within walking distance of Margaret River township, river and the popular Margaret River Brewhouse.The property has landholding of 2024m2 over 2 blocks zoned tourism. The premise has a total of 10 rooms with 3 room types - 3 x Luxury Spa Suites, 5 x Forest View Spa Suites and 2 x Heritage Spa Suites with the Forest View and Luxury Suite overlooking the stunning and peaceful Karri Forest. The Lodge facilities include, comfortable managers accommodation, guest dining area with alfresco option and ample off street parking.The property is run under management with a WIWO option for buyers who want to run the business.Land and Buildings $2.5 million or WIWO Contact Agent.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 History for 29 Bussell Hwy, Margaret River, WA 6285
- 16 Jul 2024Sold for $2,370,000
- 17 Apr 2024Listed for Sale Land and Buildings $2.5 million
- 23 Sep 2016Sold for $285,000
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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.
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