- Price: Offers above $4m closing on Friday, December 17
- Location: Nambeelup
- Area: 154.99ha
- Agent: Nutrien Harcourts WA
- Contact: Rob French 0401 970 997
IF real estate is all about location, then this has it.
In the heart of renowned livestock country, yet only minutes from the Kwinana Freeway, is this 154.99 hectares of quality livestock land.
But that is not all.
The extraction of about 500,000 tonnes of sand from the block has already been given Shire of Murray approval - stamped and signed.
And that is still not all.
The properties to the north and east of the block are already
re-zoned to Special Rural, which provides for sub-division to smaller lots, subject to what the specific characteristics of each lot would allow.
Would that have an impact on future value?
You decide.
That ought to be enough but yes, there is still more to this location.
Only two blocks to the north is the new Peel Business Park - an emerging, new, industrial estate.
Which begs the same question.
Would that have an impact on future value?
A designated nature reserve on the adjacent property acts as a buffer to the industrial park, adding to the rural character without detracting from the enviable location.
A road reserve between the blocks separates the main sand ridge from this buffer.
A smaller sand ridge lies on the south west corner.
There are two waterholes on the property and the perimeter fencing has recently been replaced, with hot wiring along the northern boundary fence.
In total there are about 40ha of sand and the approval in place allows for the excavation of about 24.5ha.
No regionally significant Banksia woodland vegetation occurs within the approved area, but some does occur in the remaining area.
This could be a fantastic opportunity for you to exploit the sand resource and still be left with a viable cattle or horse block at the end of it.
Proximity to the freeway, the Murrayfield airport, Mandurah and the Peel Business Park also add to the property's value.
This opportunity is open to offers from $4m.