Rural for sale
179 Boodjidup Road,
Margaret River, WA
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MARGARET RIVER HOLIDAY COTTAGES - SHOWING BIG INCOME GAINS 2016/2017Located on the edge of Margaret River town, South West Region of Western Australian. Situated 280 kilometres south of Perth or a three hour drive, this region offers a huge selection of world-class wineries, gourmet food, and famous surf beaches making it the perfect destination for a family weekend.
Margaret River Holiday Cottages is one of the oldest established chalet developments in Margaret River and offers comfortable affordable accommodation in peaceful surrounds. The nine cottages and homestead are set on twelve and a half acres of attractive parkland adjoining a natural reserve comprising a number of walk trails perfect for exploring the myriad of wildflowers in season.
The property is a bird watchers paradise with wrens, robins and rosellas to name just a few and is also home to our national icon, the kangaroo. Conditional approval has been approved to subdivide the property into two lots with the structure plan allowing one lot of 2.67ha or 6.59 acres comprising the nine chalets and potential for 20 caravan & camping sites and the manager's residence. The second lot of 2.44ha or 6.02 acres, comprising the four bedroom homestead with Bed & Breakfast approval for two rooms.
This is a well recognised well managed tourism business in one of the best known tourist towns in Australia. Tourism in Margaret River is focused on a five year plan which includes creating a World Renowned Tourism Destination. The owners of this business are not running away, they just wish to retire down the coast.
The options here are diverse and interesting. The Caravan Park and Camping approvals should be exploited, especially in the current environment where we seem to be very short on Caravan Park and Camping accommodation.
The property is offered at $1,795,000 plus PSAV on WIWO basis and as a going concern. Full operating figures are available upon request once a Confidentiality Deed is signed. Margaret River Holiday Cottages is showing big income returns for 2016/2017.
Last updated: 03:49AM on Oct 17th 2017