The Phone Code for this property is: 61080. Please quote this number when phoning or texting.
This gem of a property boasts diversity and spearheads into the Boranup National Park 20mins south of Margaret River. First time on the market in 35 years and home to the iconic Boranup Gallery, it is time for the owners to retire making this a unique opportunity to acquire a Jewel of the South West.
The property is also complimented by the very popular restaurant with liquor license immediately adjacent to the gallery and is fully leased out ready for you to acquire this continuous passive income.
Recently approved on the rise behind the gallery is a building envelope with a current BAL rating and plans approved for a two story rammed earth residence. There is opportunity to ressurect the former residence in the gallery until a new residence is built ( the former accommodation was reclaimed for gallery and office space).
With planning approvals in place for all of the above and a function center if required and a long history of prosperous trading supported by locals and visitors, this is an iconic destination of Margaret River looking for the next generation owner.
Run it as it has been by the owners or diversify and mix it up further to tailor it to your own skill set, live there and have your own open studios venue for yourself and mates. The possibilities are endless but bear in mind venture too far of the existing path and planning approvals would be required.
The property is Lot 10 in a group of 10 rural Strata Titles, it has plenty of power , 50,000 gal water tank and use of the strata companies bore.
This Gallery is located on the major tourist access route to the internationally recognized Margaret River region. It is approximately fifteen minutes' drive from Margaret River in
Western Australia's premium grape growing region and is close to the best surfing beaches and our more famous Wineries . Leeuwin Estate and Voyager being less than 10 minutes away. The recent Karri Loop proposal of a tree top walk, interpretive center and closure of caves rd to vehicles, proposes to realign the new proposed Caves rd to the doorstep of the gallery. Being the only privately owned commercial block for 20km of this famous section of Caves rd places Boranup Gallery in prime position for any tourism venture.
Gallery has a Long History of Profitability
After 33 years of successful trading, there is a long history of successful profits and proven results. The name Boranup Gallery is an icon in Western Australia.
Boranup Gallery is a major Tourist Attraction in the Margaret River Region in one year becoming a finalist in the Sir David Brand tourism awards for " The most significant local attraction".
GST- either due to being sold as a going concern or the fact that the owner is not GST registered the sale is GST free.
An information pack can be emailed on application, containing everything from copies of planning approvals, rates, title particulars plans and surveyed drawings.
INSPECTION TIMES
The property can be inspected 11am to 2pm Monday to Saturday weekly which is the current gallery winter hours.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
