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11664 Bussell Highway, Karridale WA 6288

Sold price: $1,100,000 Sold: 24 Nov 2020
Sold
  • 4 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 197.37ha
House
11664 Bussell Highway, Karridale WA 6288

LARGE PROPERTY WITH POTENTIAL

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 features

  • Carports 1

Property snapshot by reiwa.com

This property at 11664 Bussell Highway, Karridale is a four bedroom, one bathroom house sold by Megan Booth at Margaret River Real Estate First National on 24 Nov 2020.

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

Cost breakdown

  • Council rates: $4,200 / year

Nearby schools

5.1km
Karridale Primary School
  • Primary
  • Government
11.6km
Margaret River Independent School
  • Primary
  • Non-government
17.1km
Augusta Primary School
  • Primary
  • Government
Disclaimer

Karridale overview

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

To provide an understanding of the kind of lifestyle Karridale 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.

Karridale quick stats

High end $618k
Median $610k
Low end $578k
0.0 %
Annual growth
$610k
Annual median sales price
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Annual median rental price

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FAQ's

11664 Bussell Highway, Karridale was sold by Megan Booth at Margaret River Real Estate First National.

You can contact the agent here.

11664 Bussell Highway, Karridale sold on 24/11/2020 for $1,100,000.
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