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624 Cowaramup Bay Road, Cowaramup WA 6284

Sold price: $2,000,000 Sold: 29 Jun 2019
Sold
  • Landsize 52.00ha
Lifestyle
624 Cowaramup Bay Road, Cowaramup WA 6284

No Better Location!

Situated right in the very heart of the Margaret River wine region at the intersection of two major tourist trails, this 52 hectare rural property is the ultimate investment in lifestyle, rural pursuits or tourist development.

The glorious coastline and settlement of Gracetown is a few direct minutes away or a direct route to the town sites of Cowaramup and Margaret River. Situated right on the corner where two tourist trails intersect, this is a rare opportunity to develop the location into a tourist destination. The potential uses include a cellar door, activity park, accommodation, retail outlet, or even an agricultural pursuit with shopfront, all only limited by the developer’s imagination (uses subject to Shire approvals). With Olio Bello olive grove cellar door and restaurant located across the road and many major wineries in very close proximity, the location’s attraction to passing trade is second to none.

The 52 hectares (128 acres) of undulating topography has it all – established soak dams, two water courses and two dwellings and sheds. Expansive areas of cleared pastureland allows you to capture the vistas of bushland toward the western coastline and two road entrances provide ease of access for development and separate entry points for the two residences. The main five bedroom house is close to Caves Road and is constructed of handmade mud bricks, with timber and granite featuring throughout. The secondary three bedroom home features stone work and is nestled further back in the block, utilises its own entrance off Cowaramup Bay Road and overlooks a picturesque water course and dam.

The location, existing infrastructure and natural beauty of this block provides the perfect opportunity for an outstanding lifestyle or commercial development and has the potential to be the next “go–to” destination – right in the heart of the world renowned Margaret River Wine region.

Listing snapshot by reiwa.com

This listing at 624 Cowaramup Bay Road, Cowaramup was sold by Barry Granville at Margaret River Real Estate First National on 29 Jun 2019.

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

If you would like to get in touch with Barry Granville regarding 624 Cowaramup Bay Road, Cowaramup, please call 0407 572 937 or contact the agent via email.

Nearby schools

7.3km
Cowaramup Primary School
  • Primary
  • Government
11.3km
St Thomas More Catholic Primary School
  • Primary
  • Non-government
11.6km
Disclaimer

Cowaramup overview

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

To provide an understanding of the kind of lifestyle Cowaramup 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. 

Cowaramup quick stats

High end $960k
Median $820k
Low end $758k
2.5 %
Annual growth
$820k
Annual median sales price
$800pw
Annual median rental price

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FAQ's

The median house price in Cowaramup is $820,000.

624 Cowaramup Bay Road, Cowaramup sold on 29/6/2019 for $2,000,000.

624 Cowaramup Bay Road, Cowaramup is a 0 bedroom, 0 bathroom lifestyle.
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