Situated right in the very heart of the Margaret River wine region at the intersection of two major tourist trails, this 52 hectare rural property is the ultimate investment in lifestyle, rural pursuits or tourist development.
The glorious coastline and settlement of Gracetown is a few direct minutes away or a direct route to the town sites of Cowaramup and Margaret River. Situated right on the corner where two tourist trails intersect, this is a rare opportunity to develop the location into a tourist destination. The potential uses include a cellar door, activity park, accommodation, retail outlet, or even an agricultural pursuit with shopfront, all only limited by the developer’s imagination (uses subject to Shire approvals). With Olio Bello olive grove cellar door and restaurant located across the road and many major wineries in very close proximity, the location’s attraction to passing trade is second to none.
The 52 hectares (128 acres) of undulating topography has it all – established soak dams, two water courses and two dwellings and sheds. Expansive areas of cleared pastureland allows you to capture the vistas of bushland toward the western coastline and two road entrances provide ease of access for development and separate entry points for the two residences. The main five bedroom house is close to Caves Road and is constructed of handmade mud bricks, with timber and granite featuring throughout. The secondary three bedroom home features stone work and is nestled further back in the block, utilises its own entrance off Cowaramup Bay Road and overlooks a picturesque water course and dam.
The location, existing infrastructure and natural beauty of this block provides the perfect opportunity for an outstanding lifestyle or commercial development and has the potential to be the next “go–to” destination – right in the heart of the world renowned Margaret River Wine region.
This property is proudly listed by:
Margaret River Real Estate First National
PO Box 412
Margaret River WA 6285