Rural for sale

5260 Caves Road,

Gracetown, WA

3 1 4
$4,450,000

INVESTMENT OPPORTUNITY

The views from your potential new residence site only hint at the possibilities on this supremely well located 295acre (119.4Ha) rural holding with existing neat and tidy farm house, private airstrip and sand quarry.

5260 Caves Road is ripe with improvements including a private 1000m airstrip, aircraft hangar, an estimated $6m worth of contained industrial sand resource and operational quarry (with option to purchase machinery), separate transportable accommodation, established paddocks with recent kangaroo-proof perimeter fencing, assorted machinery and storage sheds and abundant water sources.

And if that’s not enough for you; all of this is situated aside stunning karri, jarrah and marri National Park, with easy road access to world-class surf breaks and the iconic and well-appointed towns of Margaret River, Gracetown and Cowaramup just a few minutes away. Plus you are surrounded by wineries, breweries, gourmet dining, and all of the cultural and natural wonders that this amazing region is world-famous for.

With this caliber of location, road frontage and proportions, 5260 Caves Road is deserving of significant capital expenditure to take advantage of the current and future significance of this region. While developing plans for a boutique 5 star resort you can continue leasing to the current livestock tenant and engage a contractor to continue servicing existing sand buyers (subject to license). The dimensions here potentially suit a boutique resort combined with air park. A simpler option would be to establish a caravan park plus rehabilitate the quarry and establish a stunning residence on your own massive slice of the best part of the South West and take advantage of the abundant water to create beautiful grounds, along with a magical combination of National Park and beach proximity. (These suggestions would be subject to Shire approvals and there are a number examples of possibilities throughout this internationally acclaimed and multi-award winning region).

Properties with comparable dimensions and road prominence on the west side of Caves Road become available to the market on rare occasions only.
Last updated: 05:57PM on Aug 19th 2019
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