25 The Greenway, Margaret River WA 6285

Dual-dwelling layout | 605 m² land | 257 m² living | quiet street position | multigenerational or income-ready The buying case rests on a genuinely unusual dual-living configuration that functions as two separate dwellings on one title. The main residence offers three bedrooms with an open fireplace and north-facing alfresco area, while the rear unit adds two bedrooms, a mezzanine, and a gourmet kitchen with its own decked entertaining space. This layout suits a buyer seeking multigenerational accommodation or a combined owner-occupier and short-stay income strategy, particularly given the quiet, low-density street and proximity to Margaret River schools. The property’s value lies in its flexibility rather than its physical size alone, and it occupies a position in a market where such configurations are uncommon. The main unresolved issue is whether the rear dwelling and any ancillary component are fully approved and separately compliant under local planning rules, which directly affects short-stay permissibility and financing confidence. The price picture also remains unclear, as generic valuation estimates do not appear to capture the income-producing configuration, so fair value cannot be relied on from the visible evidence alone. Before confidence can be formed, the legal status of the second dwelling needs to be established through formal due diligence.