Rural for sale

203 Weld Road,

Capel, WA

0 0 0
$1,100,000

HOUSING SUBDIVISION

This farming property is just 1.5 kilometres from the heart of Capel and has fantastic long term prospects as a land bank. For urban subdivision approximately 40% of the property is in the urban deferred zoning under the Greater Bunbury Regional Strategy. The balance of the land would be an ideal location to build your dream homestead.

The farm and house is currently leased out and the property is ideal for hay production and cattle grazing.

DEVELOPMENT:
The Greater Bunbury Region Scheme amendment adopted in 2013 refers to approximately 40% of the land being urban deferred zoning under the GBRS. This would indicate the property has the potential for over 200 housing lots. The Capel Townsite Strategy is attached.

The farm has a majority of lighter soil types and is extremely well drained and relatively flat which is an ideal situation for urban development. No issue is anticipated with parks and wildlife and FESA which in development areas today is a major issue and costly.

CAPEL SHIRE:
The town of Capel is located 212 kilometres south of Perth and midway between Bunbury and Busselton. Being just 17 kilometres from Bunbury, 23 kilometres from Busselton and 6 kilometres from Geographe Bay, the location is ideal and attracting hobby famers and workers from the adjoining major towns who enjoy the lifestyle in a smaller farm town. The Shire covers 557 km2 and has a population of approximately 17,500.

GENERAL:
A great location as a straight out land bank and/or an ideal location to build on a rural site with town facilities close by and reap the rewards in the future years. The farm is currently leased and will be sold on a farm to farm basis.

Please contact David O'Mahony for more details or inspections.
Last updated: 03:26PM on Jun 13th 2017
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