LOCATION… SUBDIVISABLE… POTENTIAL
All the ingredients are here on this sensational property.
Situated idyllically on the edge of Margaret River, owners and guests alike will find the location convenient to town and all the surrounding tourist attractions.
Consisting of just over 5 hectares (12.6 acres) of very attractive parkland cleared land, it includes a managers/owners
homestead and 9 chalets, solar heated indoor pool, spa and games room.
Recent approval to subdivide the property into two lots also make this a very attractive proposition.
- With one lot consisting of: 2.67 ha (6.59 acres) with 9 chalets, and potential for 20 camping/caravan sites and a managers residence.
- The second lot: 2.44 ha (6.02 acres) with the existing homestead with (B & B approval) for two rooms with a shared bathroom.
Additionally, recent occupancy and returns show a very healthy increase, with real potential to increase that occupancy and profit further.
Margaret River Holiday Cottage continues to deliver affordable and very convenient holiday accommodation to tourists, and now presents as an excellent opportunity for those looking to relocate to the Margaret River region and take this exceptionally located property to the next level.
For further details or to arrange a time to inspect Margaret River Holiday Cottage, make a time with your Margaret River Real Estate Property Consultant.
THE COTTAGES
All Cottages are fully self contained with reverse cycle air conditioning. 3 Timber cottages also have wood fires
There are 9 Cottages comprising of:-
4, two bedroom Cedar Cottages
4, two bedroom Mud Brick Cottages
1, four bedroom superior Cottage (Gumnut Cottage).
COTTAGE
TARIFFS
2 bedroom Cottage from $155 – $240 per night
4 bedroom Superior Cottage from $220 – $370 per night.
PLANNING
Conditional approval has been received to subdivide the property into two, with structure plan approved 2011:
- 2.67 ha (approx. 6.59 acres) with the 9 chalets and potential for 20 camping/caravan sites and managers residence
- 2.44 ha (approx. 6.02 acres)
with homestead ( B & B approval for 2 rooms with a shared bathroom).
ASKING PRICE
$1,850,000 PSAV
Full Financials Available after signing a Confidentiality Agreement.
For further details or to arrange a time to inspect Margaret River Holiday Cottage, make a time with your Margaret River Real Estate Property Consultant.