4790 Caves Road, GRACETOWN$1,095,000
Listing type: For Sale
Plot Size 5.8
Property type: House
LOCATION, LIFESTYLE AND INCOME POTENTIAL!
Secluded in a bush setting, neighbouring National Park, less than 5 minutes to the surf and swimming beach at Gracetown is the ultimate eclectic down south getaway. Drop off the radar and relax in your tranquil hideaway right in the heart of the Margaret River wine region. An easy three hour drive south of Perth with world famous wineries and vineyards at your front door. On offer is a very unique holding with a matrix of outcomes for one lucky buyer.
Rarely does this coastal bush location become available, let alone 5.8ha (over 14 acres) of land which is small enough to be manageable whilst large enough to be secluded and private. With the national park on your northern boundary, you only have one neighbouring property separated by bushlands and topography.
Immediately enjoy the rental income from 3 existing separate self-contained dwellings. Choose one for yourself as a weekend escape whilst tapping onto the real potential of this property, finishing the limestone two storey home.
The main two storey building was started about 10 years ago and hand crafted by a local stonemason from limestone and heavy timbers. The design comprises of four bedrooms all with private northern views to the national park. Downstairs is open living with two bedrooms, upstairs another two bedrooms and retreat. The residence is ready to be fitted out and can be done to your taste and budget over a timeframe that suits you. Why rush when there is surf to be had, long lunches to enjoy and a choice of immediate accommodation ready to go.
Interlinked with the limestone building is the original two bedroom cottage which would make a no fuss weekender or an income generating rental.
The second dwelling is “the” quintessential Gracetown surf shack, located conveniently away from the main limestone residence, the studio is clad in jarrah, has a nice outlook and fully functional in both summer and winter with a toasty slow combustion fire. This single room studio with open “everything” is perfect for a couple and reminiscent of the 70’s, single fin surfboards, hanging out under the marri trees, carefree surf lifestyle. Utilise this as another rental or weekender for family and friends.
Wait there’s more, a third self-contained one bedroom studio more recently completed with its own private driveway and western bush aspect, neat and tidy, it is currently rented with a reliable long term tenant. The option to rent or utilise the three dwellings is up to you!
There is a reliable soak dam for ancillary water supply, lined with white clay and radiating blue hues. Ready to establish architectural landscaping around the limestone residence once completed. Each dwelling has its own independent fresh rainwater tank and power meter. If you have a big boat, caravan or machinery there is a large shed with a high roof line and concrete flooring that will take care of these.
Call your Gracetown Real Estate Specialist, David Cross 0439 496 926, today to arrange an inspection and put your foot on a generational holding that will keep the family together for years to come.
- Close to Schools
- Close to Shops
- Close to Transport