This is a rare opportunity to own a section of land within a 100ha (approximately 250 acre) rural property situated in a forest setting south of Margaret River. The property is adjacent to Caves Road and the Boranup area of the Leeuwin-Naturaliste National Park and close to the coast.
This vacant housing site has an area of 5058sqm (1.25 acres) and is one of 25 housing sites located on the rural property. The remaining 218 acres are common land, consisting of some cleared land as well as jarrah, marri and karri forest and bushland.
The property was established in 1984, and is managed as a residential community, currently zoned as a Multiple Occupancy. Infrastructure of roads, water and electricity are well developed.
Purchasers obtain a lease for the housing site and a beneficial interest in the property and are currently unable to use the housing site to gain a mortgage.