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10/16 Magpie Street
Margaret River, WA 6285

Offers Above $550,000

House 2 beds 1 bath 1 car 188 m²
Listed Date: 7th May 2026
Overview

Opportunity Knocks

This property presents a unique opportunity for buyers seeking a project in a desirable location. It is a genuine fixer-upper featuring two bedrooms, one bathroom, and parking for one vehicle. The home requires renovation and vision to restore it to its full potential, making it ideal for first home buyers, investors, or those looking for a rewarding project.

Situated within a complex that offers solid returns, this residence is well positioned to enter the market at an attractive price point. The property is sold 'as is', providing a transparent purchase where what you see is what you get. This allows buyers to bring their own ideas and creativity to transform the home according to their preferences.

The land size is approximately 188 square meters, offering a manageable outdoor area for gardening or leisure. The parking is provided by a single carport space, convenient for residents and guests.

Notably, the property is not located within a short stay zone, which may appeal to buyers seeking long-term residential use without the complications of short-term rental restrictions.

Potential buyers should be prepared for some traditional renovation work and the associated effort to bring the property back to life. This is an excellent chance to secure a foothold in the Margaret River market with a property that has strong potential for value growth following improvements.

Interested parties are encouraged to conduct their own enquiries to verify all information and assess the suitability of the property for their needs. The property is offered with no warranties beyond the information provided, emphasizing the importance of due diligence.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
10/16 Magpie Street
Margaret River WA 6285
Market Insights for Margaret River WA 6285
New Listings (last 30 days)
7
Average price
$1,016,429
Lowest price
$425,000
Highest price
$1,600,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.