Under Contract | Hotel/Leisure | 27 Carters Road, Margaret River WA 6285 | $3,200,000

RIVERGLEN CHALETS

FREEHOLD BUSINESS OPPORTUNITY!

Nestled amongst huge karri, marri, jarrah and peppermint trees, lies this stunning five acre resort situated on the north western fringe of the Margaret River townsite. With rolling grassed hills, secluded chalets tucked away amongst magical gardens and a creek traversing throughout, this resort encompasses everything guests would expect in a visit to Margaret River. All within walking distance of the town centre, supermarkets, cafes, restaurants, brewery, hotels, distillery and art galleries.

The property currently consists of fourteen timber chalets positioned amongst breathtaking fully reticulated and landscaped gardens. Every chalet streams with light, enticing the beauty of the outside in. Wooden detailing throughout the chalets, cosy fires, tasteful furniture, fittings and private sunny verandahs are just some of the standards features of every chalet. In addition to these standard features, there are various grades of chalet, ranging from studio apartments to spa chalets.

Also located on site is a full sized home which provides residence for management, a 10m x 6m shed and a separate function room with bar, barbeque facilities, games and activity equipment which can double as a conference venue for professional groups or undercover reception area.

The site could easily sustain a substantial growth in accommodation development, with capacity to increase the amount of chalets on site to 20, or possibly even 25 units.

Generating a healthy Return on Investment, this is a unique opportunity to acquire a stable performing asset that also has potential in terms of future operations, management and further development.

This property is proudly listed by:

Margaret River Real Estate First National PO Box 412
Margaret River WA 6285

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Additional information

Property Type Hotel/Leisure
Property ID 41049132195
Street Address 27 Carters Road
Suburb Margaret River
Postcode 6285
Price $3,200,000
Land Area 20,000 sqm (approx)
Date Available Now