Op­por­tu­ni­ties for growth

Sit back and en­joy the views – or make most of zon­ing for busi­ness. By NATALIE HORDOV

Western Suburbs Weekly - - Residential -

PART of the ap­peal of the South­west is the in­cred­i­ble beauty of the lo­ca­tion, with its gor­geous coast­line and abun­dant forests.

It is not only a won­der­ful place to live, it is also a fan­tas­tic place to run a tourism-based busi­ness ser­vic­ing peo­ple who visit the pop­u­lar re­gion.

West of Bus­sell High­way, ad­join­ing pop­u­lar Leeuwin Es­tate, and a short drive from the coast and Mar­garet River, this prop­erty will en­able new own­ers to take ad­van­tage of these op­por­tu­ni­ties if they wish.

Lot 27 is 13.5ha of cleared and pas­tured land and is on the mar­ket for $1.45 mil­lion.

It would be an ideal lo­ca­tion for a stun­ning ru­ral res­i­dence, set among ma­ture trees and over­look­ing the lake.

It is zoned fu­ture de­vel­op­ment, with an ap­pli­ca­tion lodged for 20 sur­vey strata lots and a guest­house/lodge fa­cil­ity.

There is no obli­ga­tion to de­velop the prop­erty, but the po­ten­tial ex­ists to take ad­van­tage of the ap­pli­ca­tion and run a thriv­ing busi­ness or ex­plore other de­vel­op­ment op­por­tu­ni­ties.

Lot 28 is 55ha of un­du­lat­ing land with frontage on Redgate Road.

It is priced at $1.65 mil­lion.

It is zoned ru­ral and has a bal­ance of pas­ture and bush.

There is al­ready an older style, two-bed­room, one-bath­room home on the land, but there is also the op­por­tu­nity to build over­look­ing the lake.

While the lots are be­ing mar­keted sep­a­rately, they can be bought to­gether to cre­ate one large land­hold­ing.

The price to pur­chase both lots is $2.95 mil­lion. ■

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