Approximately 750m from the main street of Margaret River, sits this huge 1835m2 development site with an older residence. Continue to lease the property until you have plans to redevelop.
Backing onto Margaret Rivers key sporting ground and cultural complex, a multi unit development here would be excellent for owners and tenants alike.

Potential tenants and owners will just love residing here, as they can leave the car parked at home and walk to just about everything. Schools, Medical Centres, Post Office, Shops, Restaurants, Hotels, Cafes and Coffee Shops.

Based on the size of the lot, if Group Dwellings are proposed, then there is potential for 8 standard dwellings, with an average of 1 dwelling per 220m2 at the R40 density.

Further density could be achieved if dwellings were constructed above other dwellings.
All is dependant on factors such as design, parking, open space etc:

Margaret River Real Estate First National. Exclusive agents for 12 Station Rd Margaret River.