Reiwa Reiwa
8 Loriini Lane, Cowaramup WA 6284

8 Loriini Lane, Cowaramup WA 6284

Sold price: $720,000
Sold
Sold: 26 Oct 2024

3 Bedrooms

2 Bathrooms

Landsize 240m2

House

Contact the agent

Megan Booth

0527480745

Margaret River Real Estate First National


VILLAGE LIFE WITH TOWN CENTRE ZONING

This unique property in the heart of Cowaramup village offers incredible versatility and potential, perfect for a variety of uses. Whether you’re seeking a permanent residence, short stay Airbnb, a business opportunity, or an investment property, this three-bedroom, two-bathroom home presents a rare opportunity within this thriving community.

The thoughtfully designed home features an open-plan layout with high raked ceilings that give a sense of space and light. The quality fittings and fixtures throughout the home, combined with large north facing glass sliding doors that open to a cute outdoor courtyard, create a seamless flow between indoor and outdoor living. The courtyard itself is a peaceful retreat, featuring small garden beds, brick paving, a garden shed for added storage, and even an outdoor shower, perfect for cooling off during the warmer months.

If you’re a creative professional, consultant, or therapist, the property offers an added bonus: a functional office, gallery, or studio space. This area is ideal for running a small business from home, providing both privacy and accessibility. In addition, the light-filled two-bedroom apartment offers comfortable living quarters with the option to reside on-site while operating your business.

For those seeking an investment, the property’s layout and location make it ideal for long-term rental or the possibility of short-stay holiday accommodation (subject to approval). The flexibility of the space allows it to be rented as a whole or split into two separate studios, catering to different market needs.

The property also comes with four onsite car bays, providing ample parking for residents, guests, or clients. The home is fully insulated with two reverse cycle air con units and a 160 litre Thermann electric storage HWS.

With its prime location, endless versatility, and thoughtfully designed spaces, this Cowaramup property is a rare gem, offering limitless potential for a savvy buyer. Whether you’re looking to make it your home, run a business, or add to your investment portfolio, this property has the flexibility to suit your needs.

Property features

  • Patio  

Cost breakdown

  • Council rates: $2,645 / year
  • Water rates: $1,308 / year

Nearby schools

Cowaramup Primary School Primary Government 0.4km
Margaret River Senior High School Secondary Government 11.7km
Margaret River Primary School Primary Government 11.7km
St Thomas More Catholic Primary School Primary Non-government 11.7km
Margaret River Montessori School Primary Non-government 12.5km
Rapids Landing Primary School Primary Government 12.6km
Yallingup Steiner School Primary Non-government 20.9km
Vasse Primary School Primary Government 23.3km
Cape Naturaliste College Secondary Government 23.3km
Margaret River Independent School Primary Non-government 24.0km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4856054