Zoned ‘Future Development’ this 2.74 Ha property is only 2km from Margaret River’s town centre. With a lovely family home and chalets currently run as an established accommodation business, move in and make an income straight away while planning your future development of the property.
This is an amazing opportunity to secure a property this size that is so close to Margaret River, already bringing in an income, and with the potential for further development.
Location and Zoning:
This property is currently zoned as ‘Future Development’ where, subject to approval, subdivision and development for residential purposes may be possible at a density of R20 or more.
Just a three-minute drive south from the main street of Margaret River, this property is in such an enviable location with multiple options for the new owners to make the most of this incredible investment opportunity now and in the future.
Across the western boundary of the property is bushland reserve and The Wadandi Track, a beautiful walking and cycling trail that runs all the way from Cowaramup to Witchcliffe passing through farms, forests and vineyards. Yahava KoffeeWorks and Margaret River Tapas Bar are 200m away, and Rapids Landing Primary School is just 1km away.
Main House:
An older, character 3 bedroom home with renovations and additions including a new kitchen, bathroom, laundry and beautiful multi-use sunroom that extends the home’s living space all year round – filled with warm winter sun during the colder months or open up to the huge deck in summer. A home office/reception for the chalets is at the front of the house to welcome guests at the property.
Chalets:
As a well-established and successful business, ‘Margaret River Chalets’ features three fully self-contained, two-bedroom chalets. Built in the 1990s, the chalets have been regularly refurbished and updated. In the last 12 months the chalets have been repainted inside and out, received new floor coverings, new curtains and blinds, the wood heaters reconditioned and the bathrooms renovated. The grounds around the chalets are beautifully presented with pretty native gardens, lush green lawn surrounded by bushland and towering mixed eucalypts forming the backdrop.
With consistent 5 star reviews across Trip Advisor, Booking.com and on Google the chalets are popular with couples and families holidaying in the Margaret River Region.
Additional Accommodation:
A transportable accommodation block has been recently added to the property, with Shire approval, for seasonal workers in the local agricultural and hospitality industries. This block contains four en-suite rooms and brings in additional income with seasonal worker accommodation in high demand in the region.
Please contact the agent for a full information pack on this property.
Private viewings can be arranged by appointment.