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3 Bolganup Road, Porongurup WA 6324

Sold price: $599,999 Sold: 29 Jul 2021
Sold
  • 16 Bedrooms
  • 8 Bathrooms
  • 2 Cars
  • Landsize 10,774m2
House
3 Bolganup Road, Porongurup WA 6324

AMAZING TOURIST & LIFESTYLE OPPORTUNITY

Set in the heart of the iconic tourist destination the Porongurup National Park, where 30,000 visitors a year head for the walk trails and natural beauty of Karri, granite, and spectacular lookouts.

The property is also ideally suited for tourists to the Stirling Range National Park with WA’s highest peak Bluff Knoll. The area attracting plenty of wine and wildflower visitors.

The present Owners chose lifestyle over profit and limited promotion to a minimum, yet still achieved modest profits. With the massive resurgence of Domestic tourism in the new Covid world, domestic tour operators are seeing record occupancy and enquiries. The time has never been better.

The replacement cost of the buildings would alone be in excess of double the asking price. Opened in the 1970s and finally trading as the Porongurup Chalets, it closed due to sad personal circumstances in 2016.

Set among tall eucalypts and natural bushland on 10,774 sqm, the 7 self contained chalets include a lounge, dining area, fully equipped kitchen, bathroom and 2 bedrooms upstairs [NB:1 chalet has only 1 bedroom]. There is also a double garage, laundry with undercover drying area .

Presently another singled bedded chalet serves as a guest reception, office, and storage space. The current Owners converted 2 chalets next door into a home.

With little renovation since the 1970s the current Owners sympathetically have updated the property. Designed as a welcoming retreat after a day’s activity, the accommodation is well furnished and has heating, and entertainment equipment. Most linen was commercial hired, saving time and effort.

Chances like this do not come along very often, the property has only had 3 owners (including the present from 2004) since construction in the mid 1970s. An inspection of this unique property, and the excellent value it represents, is recommended for those considering a tree change and potentially tourism enterprise in an exceptional part of the world.

**Please note**
-Due to the high volume of enquiry on this property, inspections will only be granted after proof has been obtained of your financial capability
-The property is not being sold as an operational business, therefore there are NO FINANCIALS available

What you need to know:
- Lifestyle business in a delightful location just 25kms from Mt Barker & 50kms from Albany.
- 10,774sqm block
- Owners’ residence and separate Reception/Office.
- 7 letting chalets, comfortably furnished and fully equipped
- Laundry and double garage
- Idyllic bush setting on a major tourist route
- Several initiatives to quickly boost income
- Walk in Walk Out - as a returning business it could be operational in weeks.
- Council rates – Approx $2,250

Property features

  • Air conditioned  
  • Garages 2
  • Gas HWS  

Property snapshot by reiwa.com

This property at 3 Bolganup Road, Porongurup is a sixteen bedroom, eight bathroom house sold by Jeremy Stewart at Merrifield Real Estate on 29 Jul 2021.

Looking to buy a similar property in the area? View other sixteen bedroom properties for sale in Porongurup or see other recently sold properties in Porongurup.

Cost breakdown

  • Council rates: $2,250 / year

Nearby schools

21.6km
30.2km
32.1km
Kendenup Primary School
  • Primary
  • Government
Disclaimer

Porongurup overview

Are you interested in buying, renting or investing in Porongurup? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.

To provide an understanding of the kind of lifestyle Porongurup offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.

Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. 

Porongurup quick stats

High end $351k
Median $266k
Low end $180k
N/A
Annual growth
$266k
Annual median sales price
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Annual median rental price

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3 Bolganup Road, Porongurup sold on 29/7/2021 for $599,999.

3 Bolganup Road, Porongurup is a 16 bedroom, 8 bathroom house.
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