Sold
Lot 2 Kudardup Road, Augusta WA 6290
Sold price: $2,000,000
Sold: 04 May 2022
Sold
-
Landsize 74.60ha
Grazing
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MARGARET RIVER REGION INVESTMENT OPPORTUNITY
LOCATION: Lot 2 Kudardup Road, Kudardup is a strategically located rural property approximately 7kms north of Augusta and 38kms south of Margaret River, near the old Kudardup town site some 320kms from Perth. The land has frontages onto both Kudardup Road and Fisher Road and is only a short distance to Molloy Island and the Blackwood River and a wide range of facilities at Augusta.
AREA: The land holding is roughly triangular in shape and comprises some 74.6 hectares.
ZONING: This property is zoned General Farming and the current land use of livestock grazing is consistent with the zoning. Lot 2 Kudardup Road, Kudardup and the adjoining Lot 1 Kudardup Road, Kudardup are recognised in the Kudardup Settlement Strategy for future redevelopment.
FEATURES: The property is gently undulating in nature and is predominantly cleared and pastured with sections of parkland cleared land and remnant bushland. A strong winter creek traverses the property from east to west and three dams (one spring fed) provide an excellent water supply. Fencing is sound and a good set of stock yards exists close to the entrance off Kudardup Road. Close proximity to the Blackwood River, superb beaches at Flinders Bay and Hamelin Bay and the facilities in the townships of Augusta and Margaret River make for an ideal lifestyle location.
INTO THE FUTURE: The Kudardup Settlement Strategy recognises Lot 2 Kudardup Road for future redevelopment as shown on the attached Kudardup Settlement Strategy Plan.
The Kudardup Settlement Strategy, endorsed by the WA Planning Commission in 2010, included larger special rural lots (1ha and above) as well as rural residential (2000sqm to 4000sqm)and smaller residential lots (600sqm to 800sqm).
A few years earlier, in anticipation of a scheme to provide some future redevelopment, the current Sellers prepared a concept subdivision plan, a copy of which is attached, that provided 130 lots ranging in size from just under 2000sqm to just over 8000sqm. This plan is included as an indication only as there are current subdivision design aspects which were not in consideration at the time this plan was drawn.
Electricity, telephone and sealed roads already service the property which, having genuine subdivision potential, presents as an excellent investment opportunity.
PRICE: Lot 2 Kudardup Road, Kudardup is offered for sale with offers from $1.5m.
For further information please contact John Stott 0418 105 895.
Property snapshot by reiwa.com
This property at Lot 2 Kudardup Road, Augusta was sold by John Stott at Augusta Real Estate First National on 04 May 2022.
Looking to buy a similar property in the area? View other properties for sale in Augusta or see other recently sold properties in Augusta.
If you would like to get in touch with John Stott regarding Lot 2 Kudardup Road, Augusta, please call 0418 105 895 or contact the agent via email.
Nearby schools
Augusta overview
The most south westerly town in the state, Augusta was named by Gov. Sir James Stirling in May 1830. Until 2003 it was thought the name honoured Princess Augusta Sophia, second daughter of King George III and Queen Charlotte. In 2003 the book "James Stirling - Admiral and Founding Governor of Western Australia" a letter by James Turner is referred to which states "a town is purposed to be built named Augusta, County of Sussex, in compliment to the Duke". Princess Augusta Sophia died unmarried, and the "Duke" is most likely the Duke of Sussex, Augustus Frederick (Hanover), the 6th son of George III. He married Lady Augusta Murray in 1793, but the marriage was deemed a violation of the Royal Marriage Act, and was declared null and void in 1794. Lady Augusta Murray is most likely the person after whom Augusta is named.
Life in Augusta
Augusta is a town on the south west coast of WA and was predominately a tourist town up until the late 1990s when many people chose to retired to the region. The town is known for its major attractions such as Cape Leeuwin "where two oceans meet" and its impressive lighthouse. Augusta is dependent on professional fishing, timber and tourism. There is a local shopping centre in the area and two primary schools - Augusta Primary School and Karridale Primary School, with the closest secondary school Margaret River Senior High School.
Augusta quick stats
High end
$908k
Median
$800k
Low end
$630k
26.0 %
Annual growth
$800k
Annual median sales price
$500pw
Annual median rental price
