Open to offers.
Station Road, Margaret River is a bustling hub with a mix of high density housing within an easy walk to the town centre, medical facilities, sporting grounds, supermarket, restaurants and attractions. This is a great location to provide unit dwellings for a market with a constant appetite for in town, scaled down residences.
There has not been any new units constructed along Station Road for a number of years and a new development should be very well received by the discerning market.
Zoned R30/40 there is scope for 8 maybe 9 units here. Run your ruler over this, talk to the Shire, Department of Planning and with some local builders, the formula is there whether it be now or sometime in the future.
One for the super fund perhaps?
Contact Margaret River Real Estate Agent David Cross on 0439 496 926.