40Ha of gently undulating pasture with established fenced paddocks, electricity line, abundant water, famous Caves Road tourist route position overlooking National Park forest that extends to the Indian Ocean plus being located at the heart of the Margaret River Wine Region are all special characteristics that combine to establish this sensational plot of land as a ready proposition for many buyers.
Lot 203 Caves Road has prime corner street frontage over nearly 1km, which opens the door to a plethora of potential business opportunities, including an option to bank this land with values for this type of land having risen from around $100 per acre in 1970 to around $15,000 per acre today and an option lease back to the Margaret River Venison farm for grazing their deer thus covering your shire rates and other holding costs.
Of course you can also develop to your desire straight away (subject to relevant approvals). This land is currently zoned priority agriculture, which lends itself to commercial enterprise such as restaurant, brewery, luxury accommodation, boutique gallery and more – or construct your dream residence and live the good life.
Currently you also have a chance to purchase as part of any combination with the remaining two Margaret River Venison lots, with all three covering a combined total of over 296acres (120Ha). Plus there is still time to secure the MR Venison enterprise as a WIWO whole, including the iconic brand and shop front, three substantial houses, infrastructure, equipment, livestock and transition guidance from an Australian venison expert to help you continue and grow the success of the operation.
With easy access to stunning beaches, world class surfing and extensive national forest, along with close proximity to Cowaramup, Gracetown and Margaret River, you have a chance to secure an outstanding lifestyle here.
- Property ID: 5bfdde76-7032-4c98-b7c5-7c274d8282d9
- Price: $1,550,000
- Land Area: 101 acre
- Address: Lot 203 Caves Road
- Suburb: Cowaramup
- State/County: WA
- Zip/Postal Code: 6284