1/37 Town View Terrace, Margaret River, WA 6285

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
509 m²
Area

Published on Tuesday, August 25, 2026 ( See property details for 1/37 Town View Terrace, Margaret River, WA 6285)

Expressions of Interest by 4pm 21/09/2026

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Charming character cottage in a sought-after central Margaret River location with strong development potential and versatile investment options.

🏡 Property Highlights

  • Strong development potential with multi-dwelling capacity (STCA).
  • Prime central location in Margaret River with high demand.
  • Immediate rental income with tenants in place until March.
  • Zoning allows for future redevelopment and subdivision.
  • Short-stay approved area ideal for holiday rentals.
  • Manageable 509sqm strata lot offering flexibility for design.

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Floorboards
  • Pet-Friendly
  • Outdoor Area
  • Fully Fenced
  • Garage / Secure Parking
  • Water tank
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1/37 Town View Terrace
Margaret River, WA 6285
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Vertical aerial view — 1/37 Town View Terrace
1/37 Town View Terrace — Vertical Aerial  •  Margaret River, WA 6285  •  Nearmap © 2026

Margaret River is renowned for its vibrant community, world-class wineries, and stunning natural scenery. The area offers excellent walkability, a relaxed lifestyle, and strong demand for holiday and investment properties. Its central location provides easy access to local amenities, beaches, and renowned attractions, making it an ideal spot for both lifestyle and investment pursuits.

What are the potential uses for this property?
This property can be restored as a charming cottage, used as a short-stay holiday rental, or redeveloped into multiple dwellings (STCA), offering versatile options for investors and developers.
Is the property suitable for short-term holiday rentals?
Yes, the property is located in a short-stay approved area, making it ideal for holiday rental opportunities to capitalise on high demand.
What is the current condition of the property?
The property is sold 'as is' and requires some TLC, providing an excellent opportunity for renovation or redevelopment.
Are there any zoning restrictions or development opportunities?
The property is zoned R30/40, offering strong development upside with potential for multi-dwelling projects (STCA).
What are the key features of the property?
The property features include a manageable 509sqm strata lot, immediate rental income, and zoning that allows for future redevelopment, making it a flexible investment.
Are there any additional costs or fees associated with the strata lot or future development plans? Has the property been inspected for structural issues or pests? Are there any restrictions or covenants on the property that could affect redevelopment? What are the local council requirements and approvals needed for redevelopment or subdivision? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming planning or zoning changes that could impact the property's value? What are the current strata or community management arrangements and fees? Are there any existing easements or rights of way affecting the property? Is the property compliant with all building codes and regulations? Are there any nearby construction or development projects that could affect the property’s value or livability?

1/37 Town View Terrace, Margaret River, WA 6285 - More Details

Expressions of Interest by 4pm 21/09/2026

Packed with character and set in a highly sought-after central location, this charming cottage is ready for its next chapter. While it requires some TLC, the upside is substantial for those with a vision.

Key Features & Opportunity
• R30/40 Zoning: Strong development upside with multi-dwelling potential (STCA).
• 509sqm Strata Lot: A manageable block offering flexibility for future design.
• Short-Stay Approved Area: Prime position to capitalise on lucrative short-term holiday rental demand.
• Immediate Rental Income: Tenanted until March, generating steady returns while you finalise your plans.

Whether you choose to restore the original cottage's historic charm, establish a profitable short-stay rental, or execute a complete redevelopment (STCA), this property offers exceptional versatility. Ideal for investors, renovators, or developers looking to capitalise on location, zoning, and character. Sold 'as is', what you see is what you get.

**Expressions of Interest by 4pm 21/09/2026 (unless sold prior)

Inspection by appointment

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
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
509 m²

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