To enquire, please email or call 1300 815 051 and enter code 6632
Offers above 785 land only, above 850 including approved plans ready for development.
A very rare prime tourism zoned property adjacent to national park wilderness in the heart of the Yallingup tourism district. Approved for full-time living in combination with extensive business opportunities, this property is ready for development. A once-in-a-lifetime opportunity to fulfill the dream of living and operating a high-potential business in one of Australia's most desirable locations - voted *1 tourism town in Australia.
With direct frontage onto Marrinup Drive and 100m from the tourism artery of Caves Rd, 25/7 Marrinup Drive represents an extremely rare opportunity to develop a tourist-focused business or simply a holiday home in the midst of WA's most coveted playground.
The property comprises 2022m2 (half an acre) with an additional half acre share of common property within the tourism zoned hub which includes established tourism businesses Studio Bistro and Gallery, Yallingup Luxury Retreat, Yallingup Farm Cottages, and Art House Garden Pavilion. With a 1300m2 building envelope to work with this property presents enormous potential for growth over time as a staged development that can progress over time. Power is connected and the installed bore delivers very clean water at 42 liters/min.
It is within walking distance from the famed Caves House, and a few minute's drive from world-class surfing and swimming beaches such as Yallingup and Smith's, and other natural attractions such as Canal Rocks, Ngilgi Caves, and the cape to cape walking track.
Within a few km radius lies other well-known tourism businesses such as Barnyard Restaurant, Cape Lavender, Yallingup Gallery, Bodhi Yallingup, John Miller Designs, Cape Naturalist Cellar Door, Smiths Beach Resort, Chandlers Smiths Beach Villas, Yallingup Caravan Park, Seashells Resort, Yallingup Gugelhupf, and Yallingup Cafe. Being positioned within such an intensive tourism offering and just off Caves Rd this location has access to a ready-made high-traffic flow of highly qualified clients in the heart of the Margaret Rivers region's premier luxury offering.
The current owner's family was part of the founding generation of tourism operators within the area, operating a winery close by since the late 70s. With an intimate understanding of the exponential growth trajectory of the local tourism industry, the owner has designed and had approved a highly attractive, carefully thought-through product mix that offers the potential for long-term growth, within the highly lucrative well-being tourism sector.
The approved plans integrate several business components that could be amended according to your desired business model. Current plans include a seven-suite guest house, caretaker residence, reception, commercial kitchen, dining area, bathrooms, 4x massage/treatment rooms, large sauna, ice baths, 4 x float tank rooms, plunge pool, Onsen style bath house, function/workshop/yoga room, offices, storage rooms, plant room, 25 parking bays, two large and two small landscaped courtyards. All buildings integrate solar passive design.
The design optimizes the caretaker's dwelling privacy with a large private courtyard and bush outlook. The Guest House has long views out into the parkland common property. The well-being facilities are focussed around central landscaped courtyards offering an intimate and quiet atmosphere to clients.
The facility is designed to be developed in several stages, generating the opportunity to bite off only so much as finances allow and to continue development based on business revenue. These stages can be ordered as per the developer's aspirations. If the current desire is only for a holiday home then development could cease after stage 1, knowing that the property has huge future potential to be realized at a later date, with significant future resale potential. An example staged development plan could look something like this:
1. Caretaker dwelling (initially with short-stay revenue if desired)
2. Guest house: The existing design could utilize one of the spaces as a yoga/therapy/gym room if desired, then converted later into additional accommodation after stage 5.
3. St 1 wellbeing facilities (reception/sauna/massage/float/icebath)
4. St2 wellbeing facilities: Onsen bath house.
5. St3 wellbeing facilities: Yoga / Function / Workshop Room.
6. Commercial kitchen / dining / storage / additional offices.
According to industry statistics, well-being tourism is the fastest-growing and highest-spending sector within the tourism industry. If you've ever thought you'd like to live and work in one of the most desirable locations within Australia, in a high-growth industry, then this once-in-a-lifetime opportunity could be for you.
If a more passive-style income is desired, up to several commercial lease components could be realized within the existing plans.
Should an investor seek to change focus from a well-being theme, it is worth noting that with an amendment to the Development Approval, the facility could accommodate other offerings such as a Cellar Door, Brewery, Restaurant, Gallery, Arts Studio, Workshop & Sales, Club, Gourmet Food outlet, etc. Almost any tourism idea can be interpreted as permissible within the local planning framework.
Water analysis reports are available on request, with full 3D modeling available on contract of sale. It has a BAL 19 Bushfire rating (low threat), with the Bushfire Management Plan and Evacuation Plans completed.
To enquire, please email or call 1300 815 051 and enter code 6632
