OFF MARKET

3 Croft Road
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 219m2
Land area: 2127m2
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Property Details for 3 Croft Rd, Margaret River

3 Croft Rd, Margaret River is a 3 bedroom, 2 bathroom House and was built in 1988. The property has a land size of 2127m2 and floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1988
Floor Size
219m2
Land Size
2127m2
Local Government
Augusta-Margaret River
Lot/Plan
351/P402956

Last Listing description (June 2024)

Unique opportunity to secure a property nestled in the sought-after the west of town location offering a perfect blend of income options, convenience and potential.

Set on a spacious block, this property boasts an architect-designed, retro-style home. Traditionally a 3/4 bedroom, 2 bathroom home, it is now being used as a 2/3 bedroom, 1 bathroom home, -providing comfortable living spaces for you and your family PLUS an additional 1-bedroom, 1-bathroom studio under the main roof with B&B approval, opening the doors to potential income streams, making it an ideal investment for those seeking versatility.

The very generous open-plan room faces north and has a woodfire as well as aircon. Jarrah doors lead to the backyard, and another set of jarrah doors connect to a fantastic multi-purpose room that has plenty of space for bed, couches and desk. The two minor bedrooms are off a hallway where there is also a bathroom and laundry. At the end of the hallway is the doorway to the main suite which has been closed off behind a bookcase so that access is only available from the B&B. A brilliant indoor/outdoor extension off the main suite has a kitchenette and lounge/dining area that provides the perfectly private setting for guests. Should it suit you better, you readily can reconnect this section to the main part of the home.

Surrounded by cottage gardens, with a variety of established fruit trees, there is a fully fenced and gated yard to secure kids and pets, and plenty of room for growing veggies.

The huge block and house orientation provides ample space to construct a sizable shed or further ancillary dwelling. The fabulous location ensures you're just a leisurely stroll away from the centre of town where you can explore local shops, restaurants, and enjoy entertainment at the HEART (Hub of Entertainment, Arts and Regional Tourism).

For those who value an active lifestyle, the nearby recreation centre provides endless opportunities for fitness and leisure activities including gymnasium, heated swimming pool (currently being upgraded), netball, basketball, football, soccer, the list is endless.

Whether you're captivated by the income potential, the spacious block, or the proximity to town amenities, this opportunity offers the prospect of a versatile and rewarding investment.

Main Living Area
? Kitchen with jarrah cabinetry & breakfast bar
? Expansive open plan dining / living area
? R/C air-conditioner
? Wood Heater

Multi-purpose room
? Timber doors
? Carpet
? R/C air conditioner
? Built in robes
? Louvred windows

2 x Minor Bedrooms
? Carpet
? Built in robes

Amenities
? Family bathroom with separate shower and bathtub
? Good sized laundry with separate WC

Main Suite (Set up as B&B)
? Indoor / outdoor living area with kitchen, wall heater and track-guided blind
? Spacious bedroom with built in robes and air-conditioner
? Ensuite bathroom with shower, vanity and WC

Gardens and Exterior
? Expansive back verandah with French-door access from living area and door from laundry
? Fenced and gated grassed area
? Fruit trees
? Cottage gardens

The property has Bed & Breakfast approval under the Shire's LPP7 Policy, however, does not meet the requirements for holiday house rental approval.

Property History for 3 Croft Rd, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$860,010
15 Sep 2023
  • 15 Sep 2023
    Sold for $860,010
  • 23 Aug 2023
    Listed for Sale Offers From $850,000

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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 5,813 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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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.