Back 5 Crellin Place
Off Market

5 Crellin Place

Margaret River WA 6285

3
2
2
552 m²
House

Overview

Cape Skillion Style

This immaculate 3 bed, 2 bath home represents the perfect opportunity for a savvy investor to combine a guaranteed income now, with the potential of moving into a new home in the near future. This Golden Key award winner, situated in the new Rapid's Landing subdivision, is currently owned by the Rural Building Company and utilised as a display home. With the property being required as a lease-back, the initial annual return for the new owner will be a healthy $40,000 plus guaranteed. At the end of the lease, you have the option to rent out or move in to a fastidiously maintained property (yes, that's house and gardens!) with all the hard work complete. Rated a rare six stars for its energy-efficient design, the home has been designed to embrace its environmental engineering features rather than hide them, and the cleverness of the home's design creates a sophisticated and workable living space. The massive open plan living/dining and kitchen is flooded in natural light due to the abundance of louvered windows which also serve to provide a natural venturi effect' cooling. From the Ecolight natural porcelain tiles, to the lofty raked ceiling, there are accents of crisp white throughout, making the whole house feel clean and new. The generous kid's retreat with large activity and study area, bathroom and powder room forms a subtle, separate wing of the house and would also create privacy for teenage children or guests. The integrated kitchen, dining and outdoor living area lends itself beautifully to entertaining as does the dedicated home theatre encompassing a wall purpose built for a flat screen. Intelligent design features combined with cutting-edge Australian style makes this home the perfect choice for the modern family. Solar passive design and six star energy efficiency rating Gourmet kitchen with island bench and Westinghouse appliances Three distinct entertaining areas Master ensuite with deep bath, separate WC and shower and walk in robe Two generous bedrooms with extra activity/study area Split system reverse cycle air conditioning Alfresco area with solar control to make the best of the winter sun Landscaped, easy care gardens on a 553m2 block Security with keypad alarm Double carport with remote control doors Located directly across from an award-winning playground and P.O.S

Features

3 bedrooms
2 bathrooms
2 carspaces
552 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Margaret River over the last 12 months, the estimated median property value of 5 Crellin Place is $980k.

Median value
$980k
Estimated value range
$720k - $1.69m
Median days on market
17
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Margaret River. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Crellin Place

2011
Sold
Undisclosed
Private Sale/Treaty on 05 May 2011

Happy sellers in Margaret River

94%
94% of sellers in Margaret River reported that their sale price either exceeded or met their price expectations.

Margaret River stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Margaret River over the last 12 months.

Local market activity for 3 bedroom houses in Margaret River

In the last 12 months, 54 three-bedroom houses similar to 5 Crellin Place, have been sold.

This represents a 39% increase in three-bedroom houses sales when compared to the previous 12 months.

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