1/6 Town View Terrace, Margaret River, WA, 6285

SoldMay 3, 2023

1/6 Town View Terrace, Margaret River, WA, 6285

Amount undisclosed

200 m²

389 m²

House

•

30+ days on the market

Sold: May 3, 2023

What's around 1/6 Town View Terrace

THE PERFECT INVESTMENT PROPERTY WITH SHORT STAY POTENTIAL

Cash in on the current high demand from short stay holiday makers and snap up this character home sensationally located in the heart of the Shire's short stay approval zone. Located just one street back from the bustling main street of Margaret River, it's the ideal scenario for the holiday maker - olde world charm, heritage fixtures and fittings, striking craftsman built jarrah cabinetry, private outdoor area and walking distance to all the attractions of town. Don't waste precious time waiting on a new build - this one will earn you high rental rewards from the moment you purchase it and potentially even more should you make application to the Shire and obtain approval for short stay. The house has been configured to contain multiple bedrooms and sleeping quarters for the current tenant. There is a main kitchen and two kitchenettes, dining area, two to three bathrooms and a large timber deck at the rear of the home which provides the ideal space to entertain and relax after a hard days' sightseeing. The generous 389sqm front strata block has space for parking of a couple of cars behind a high hedge at the front of the house. Easy to access and set within low maintenance gardens, this property is a fabulous in-town pad for the investor, professional couple, the FIFO worker, a down south escape or an immediate money maker on the short term holiday market. Currently tenanted until 30 June 2023 on a high return lease, secure this amazing opportunity and immediately start earning a whopping 10% return on your investment. Or start planning your refurbishment, get your application in to the Shire and start making your down south investment dream a reality! The current lease agreement is available on request upon signing of a Confidentiality Agreement and all property inclusions to be clarified with Agent.