160 Railway Terrace, Margaret River WA 6285

Renovated 3-bed weatherboard on 944sqm | studio with bathroom and loft | 8x4m shed with three-phase power | central town position | single-bathroom layout A renovated classic weatherboard home on a large block is rarely offered in this central pocket. The interior has been fully updated, and an art studio with a loft bathroom and expansive deck has been added, along with an 8x4m shed with three-phase power. Substantially more land is provided than typical infill lots, creating a rare sense of space while remaining within walking distance of schools, shops, and parklands. The property is presented as move-in ready, featuring timber floors, fresh paint, updated lighting, and renovated wet areas. This combination is best suited to families seeking a character home with room for children, pets, and gardening, as well as creatives or home-based workers who need dedicated studio or workshop space. A lifestyle edge is offered without sacrificing convenience, and the property is positioned to attract strong owner-occupier demand. The single-bathroom layout may be seen as a limitation by families expecting ensuite accommodation. The legal status of the art studio as a separate dwelling might be questioned by lenders or insurers, potentially affecting finance options. A difference between the two published land figures could be clarified during due diligence, and the confirmed area may be expected to influence price expectations. The combination of outbuildings, land size, and renovated condition is generally expected to be the primary value driver, though market timing may also be a factor. >> Comparable Sales: 1/180 Railway Terrace (sold 2024) | Property Price Band: $1.4M–$1.5M | Value Drivers: land size, studio/shed, renovated condition