If you’re looking for an investment opportunity in Margaret River then this is the one. This 1092square metre block is zoned R20 and has a cedar style cottage situated at the rear, leaving the front of the block open for development.

The home is on the quite end of Elva Street near the river and forest walk trails, Woolworths and town centre with its many conveniences are very close by. The cottage with wrap around verandas consists of three large bedrooms and one bathroom with a comfortable open plan living area and also offers both reverse cycle air conditioning and wood heating that keeps you comfortable all year round.

Perfect for a down south getaway or more than sufficient to live in while building your new home. The existing residence is currently rented at $310per week which would add to your investment. Being so close to town the future is bright for the next owner of this great development property, so don’t miss out!

All offers will be presented by 4pm on the 28th March 2015 (unless sold prior).