Tourism gold in Margaret River

This prime 2,130sqm development site is in a fantastic location, central to the vibrant tourist town of Margaret River and situated within the very desired permissible zone for short stay accommodation (with shire approvals).<br/><br/>Located on Station Road, a significant commercial and medium density housing precinct, it is the perfect property for development. Situated just 300m from the Margaret River main street and shopping precinct, 100m from a medical centre and 400m from the recreation centre and sporting facilities.<br/><br/>Boasting a wide 30m frontage, the property is zoned Residential R30/R40 and when developing this will indicate an average site area of 300sqm for R30 or 220sqm for R40 resulting in a 6 to 8 unit complex. The R30/40 shall comply with R30 code however, local government may permit grouped and multiple dwelling developments to a maximum of the R40 code where the development addresses additional criteria. The current owners have development approval for 6 units.<br/><br/>Margaret River is a growing region with world renowned wineries, adventure tourism for surfing, mountain biking and hiking and with infrastructure such as the new Busselton Margaret River airport, main roads and much more, it is no wonder it is turning heads as the perfect holiday destination or place to live. <br/>