Margaret River WA 6285 20 Tunbridge Street
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1  Bath
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First National Real Estate Margaret River
PRICED TO SELL!
Last of the Super Blocks - 3 Acres - 300 metres from the Main Street

North facing incline with views across to National Park
Prime Organic Farm
Lifestyle opportunity with 3 x 1.5 character home
Currently approved for 4 blocks (R15)
Potential R15 yields 16+ blocks
In Principal Approval for R30/R40 has been granted. R30/R40 would yield 27+ blocks

Adjacent to Community Resource Centre in close proximity to hospital & library
Town water connected

1.39 hectares (3 acres) in the heart of Margaret River, opposite the Red Cross shop and Community Centre; being less than 300 metres from the main street. The charming functional cottage was built in 1954 and features 2 bedrooms plus sleepout, jarrah woodwork and leadlight windows. The zoning is R15, however it is also earmarked for tourism, and with planning permission, the front area would be ideal for future tourist/commercial blocks. Alternatively, utilising the present zoning a comfortable 16 larger blocks could be established, while retaining the original 1954 era home.

The property currently has subdivision approval (Shire and WA Planning Commission) until 2016 for four blocks; two fronting Tunbridge Street of 728m2 and 738m2 respectively. The house is on a block sized 1288m2, and the large rear block is 1.0110 hectares.
In Principal Approval for R30/R40 has been granted. Once rezoning is completed, titles for upwards of approximately 30 blocks could be attained. An engineering report which was completed in 2012 is available on enquiry.
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