OFFERS - All offers presented by 5 PM on Saturday, 8 February 2025 (unless sold prior).
Welcome to an exceptional opportunity in the heart of Yallingup, where the possibilities for both residential and investment endeavours are boundless. This iconic property, established in September 2010, is currently home to a successful art gallery and an award-winning bistro, all set on a sprawling 2,879 sqm of land. The property is offered at a price above $1,980,000 on a 'Walk In Walk Out' basis, making it a seamless acquisition for interested buyers.
Residential Possibilities
Envision transforming this exquisite space into a luxurious residential oasis or a top-end short stay holiday home. With the potential for Airbnb hosting, pending City of Busselton approval, this property provides an ideal setting for those seeking an exclusive lifestyle retreat. The property boasts 461 sqm of lettable space, which can be creatively reimagined to suit your residential needs, while taking advantage of the stunning surroundings and prime location.
Investment Potential
For investors, this property offers a plethora of opportunities. Not only can the businesses be taken over with no cost for 'Good Will', but the current owners are also willing to assist in a smooth transition. Foreign buyers might find this property particularly appealing, as it may qualify for 'Business Innovation and Investment' opportunities, subject to "Foreign Investment Review Board" approval. Additionally, the building's zoning as Rural Residential with additional uses for Tourism opens up further investment possibilities.
Location and Features
Situated just 1.3 km from the historic Caves House and a short distance from Yallingup surf beach and Smiths Beach, the location is perfect for both relaxation and adventure. The proximity to Dunsborough, a bustling tourist hub, and positioned within the renowned Margaret River Wine Region enhances the property's appeal. The property itself is a beautifully presented, architecturally designed, single-level structure with jarrah flooring, Donnybrook stone external walls, and extensive glass windows. It features a modern commercial kitchen, refrigeration facilities, and landscaped gardens that create a serene and inviting atmosphere.
Infrastructure and Services
Equipped with 20KVA solar power, rainwater tanks, and quality water from an onsite bore, the property is well-prepared for sustainable living. The services and facilities have been purpose-built to support a busy art gallery and restaurant, ensuring that any business venture will have the infrastructure required to thrive.
Whether you're looking to start a new chapter in a dream location, expand your business, or invest in a property with substantial potential, this Yallingup gem offers a unique blend of residential allure and investment opportunities. Discover the lifestyle and opportunities that await you in one of the most picturesque regions of the South West. This property must be viewed to grasp it's beaty and potential. For more information and to arrange a private inspection, please contact exclusive agents Julie or Mitch Fairclough
Julie
0407 174 258
[email protected]
Mitch
0427 386 690
[email protected]
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