Property for Sale in Forest Grove, WA 6286

This gem of a property boasts diversity and spearheads into the Boranup National Park 20mins south of Margaret River. First time on the market in 35 years and home to the iconic Boranup Gallery, it is time for the owners to retire making this a unique opportunity to acquire a Jewel of the South West.
The property is also complimented by the very popular restaurant with liquor license immediately adjacent to the gallery and is fully leased out ready for you to acquire this continuous passive income.
Recently approved on the rise behind the gallery is a building envelope with a current BAL rating and plans approved for a two story rammed earth residence. There is opportunity to ressurect the former residence in the gallery until a new residence is built ( the former accommodation was reclaimed for gallery and office space).
Immediately adjacent to the Gallery is the restaurant formerly leased to " Pies and Ale".
With planning approvals in place for all of these and a function center if required and a long history of prosperous trading supported by locals and visitors it is an iconic destination of Margaret River.
Run it as it has been by the owners or diversify and mix it up further to tailor it to your own skill set, live there and have your own open studios venue for yourself and mates. The possibilities are endless but bear in mind venture too far of the existing path and planning approvals would be required.
The property is Lot 10 in a group of 10 rural Strata Titles, it has plenty of power , 50,000 gal water tank and use of the strata companies bore.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.