11664 Bussell Highway
karridale WA 6288

LARGE PROPERTY WITH POTENTIAL

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This massive 487 acre property is located 20km south of Margaret River and borders both Bussell Highway Vlam Road, and the Leeuwin Naturaliste National Park. A short drive down Vlam Road brings you to Caves Road where you can find Boranup Gallery and Café, local Caves and a bit further down the road is the beautiful Hamelin Bay. McLeod creek runs through the property with multiple tributaries resulting in numerous soaks, waterholes and high conservation value riparian habitat. There is also abundant flora and fauna. Currently there are approximately 56 hectares of pine timber plantations consisting, bringing in a regular yearly passive income of around $8,900.

The remainder of the property is majority native forest being largely uncleared apart from the timber plantation areas and tracks throughout. The possibilities are endless with many options suitable for bee hives, white sand extraction, Hemp plantation or tourism adventures including camping, glamping and chalets (Subject to Shire Approvals). This holding has the potential to be subdivided subject to further shire assessment and application. This could result in significant recouping of funds or simply enjoy the space and privacy that such a large parcel of land offers. An older style 4 bedrooms 1 bathroom home sits high on the property and needs a bit of TLC to be brought back to its former glory. There are 3 general purpose open farm sheds suitable for machinery storage/workshop areas. If you are looking for a very private large land holding complete with abundant native flora and fauna, plentiful water, passive income and subdivision potential then look no further.

Property Details

Property Type - AcreageSemi-rural

Land Area - 197.37 hectare

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Contact Details

Get in touch with our team at First National Real Estate Margaret River

Megan Booth

Property Consultant & Rural Specialist

0427 480 745

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COVID-19 PRECAUTIONS




In response to Federal, State and Territory Government Department of Health recommendations related to Coronavirus, First National Real Estate is strictly observing all essential health precautions nationally. Open homes have therefore been cancelled where required, as have traditional auctions, and we are offering private or digital inspection appointments and online auction arrangements as alternatives – where permitted.

In all locations where normal real estate operations continue:

  • We’re avoiding direct contact, such as shaking hands
  • Observing social distancing requirements
  • Maintaining contact records
  • Deferring non-essential property inspections or conducting them remotely
  • Working with customers responsively on specific arrangements, where necessary

These temporary changes are intended to underpin the essential functions of the property market as well as to reassure customers that all necessary precautions are being observed.

While the presence of Coronavirus requires us to observe all sensible precautions, the business of real estate continues and it’s essential that we support customers who are selling their homes as well as the needs of our tenants and landlords.

In all other respects, we’re getting on with the job of selling, renting and managing property at First National Real Estate, and optimistically working with our community as Australia responds to the effects of Coronavirus.