An outstanding opportunity to invest in a medium to long term subdivision in the heart of the Margaret River region.

The property is advertised as 3 stages. Stage one is sold, stage two east of Bussell Highway and stage three west of Bussell Highway. The subdivision totals 190 residential, 5 commercial and a lifestyle village site.

Cowaramup Country was developed by the Earl Family and stage one totaled 46 lots which have been developed and sold. Due to family reasons the balance of the land in the structure plan is now listed for sale.

Stage two on the east if Bussell Highway comprises of 67 residential lots and 5 commercial lots fronting Bussell Highway. The planning for stage 2 has been completed and is currently with the Shire for re-zoning.

Stage three comprises 19.62HA and in the approved structure plan has 123 housing sites, 2.36HA lifestyle Village and a 1.29HA sport and historical precinct. To complete the stage the main sewerage line has been completed running from stage two through to stage three.

The seller is prepared to give approved purchasers total access to all aspects of the subdivision. With gross sales expected to exceed $28 million this is an excellent opportunity to develop and land bank a prime housing estate.

PRICE: $4,500,000 (plus GST if applicable).

Detailed information memorandum available upon request.