165 Terry Drive MARGARET RIVER

Sold for $890,000
Sold on 20th November 2020
Residential - Sold

Classic Multifaceted Lifestyle Opportunity.

ha Land


This is a rare opportunity to acquire an impressive multi-faceted lifestyle property with development possibilities, clear ocean views and income potential, just minutes from the amazing beaches at Mainbreak and Prevelly; and it's literally a minutes' drive from the famous Margaret River Golf Course!

North facing on 3ha of fantastic flora and fauna rich native bush, the double storey custom designed two section brick and timber structure exists under one huge iron roof.

The intelligent use of 50 large individual jarrah poles sourced locally is not only aesthetically pleasing and architecturally impressive; it defines the robust character of this amazing home clad in cedar.

The main dwelling features three bedrooms and an open plan living/kitchen area upstairs, with views towards the ocean - bathroom, toilet, laundry and storage areas are downstairs.

Also upstairs, the secondary accommodation is open plan with a kitchen, mezzanine, bathroom and ocean views, whilst there is a large storage area downstairs with the potential to be improved to include extra accommodation, bathroom, studio or an entertainment area according to your creative requirements.

This configuration suits a multi-generational family perfectly.

In what is essentially an "L" shaped formation, the spaciousness of the upstairs veranda, (which links the entire structure together), ensures your family and guests can be fully immersed in the stunning bush and ocean views on offer.

Speaking of stairs; the entry statement is dominated by huge, chunky locally sourced timber staircases left and right built around massive jarrah poles - each servicing the separate dwellings - fantastic!

Each two-storey section features a large chimney, and classical "stable doors" (you can open just the top or the entire door), adding character and a country feel to the ambiance of the entire property.

Whilst there is a useful old timber shed (powered) on the property, there is also the opportunity to add another ancillary dwelling of up to 70sqm to the mix here.

The genuine opportunity to further capitalise on the abundance of space downstairs is where the upside exists, with the creation of additional ancillary/rental accommodation potential obvious to the astute investor or those seeking a lifestyle change in the rapidly growing tourism driven Margaret River Region.

Inspections by appointment only.

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Bedrooms : 4
Bathrooms : 2
Cars: 4
Type : House
Size : 3 ha
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