349 Kearsley Road, Denmark, WA, 6333, Australia

ALL OFFERS INVITED - Price Guide Circa $3mil

This is a 12.315 Hectare (30.4 acres) lot, only 1.3km from the town centre of Denmark, on the South Coast of Western Australia. The site has a split zoning of Residential with a density coding of R10, and Special Residential under the Shire of Denmark's Town Planning Scheme #3.

The property is on the high side of Mt Shadforth Road, on Kearsley Rd. It has three Chalets on-site and is leased on a month-to-month basis as Bombina Holiday Cottages: https://www.bombina.com.au/

The property is approximately half cleared and half old growth Karri forest, which in turn backs onto a fully forested Nature Reserve.

There is a current Subdivision Structure Plan in place. That structure plan has been revised to the diagrams you see attached hereto. As part of the normal due process, it went out for advertising on 23 December 2021.

The updated plan is for 36 lots of approx. 1500sqm each, on this lot, plus 3 lots on the next title to the north. Total 39, plus a significant portion of the remanent forest, road reserves, and drainage basin. A higher density is possible under the current zoning.

Services required will be scheme water which is available upslope of the site; Deep sewerage, which is available downslope of the site; Underground power and sealed roads.

Kearsley Road is partly bituminised, partly gravel road at this point. All documentation regarding the planning submission is available upon request. The property is sold with all intellectual property included, on an as-is, walk-in-walk-out basis.

The location is extraordinary and the block is beautiful, being elevated, with old-growth Karri, large cleared areas and the town right on your doorstep. You are only a few minutes to the Local IGA, excellent cafes with great coffee, delightful restaurants, art galleries, and all that the gorgeous coastal town of Denmark has to offer.

This property can be retained indefinitely as a land bank. You can continue to let it out, run or use the chalets on site yourself. You could build a new house, or you could develop it fully following the planned subdivision or seek a higher density plan. The choice is yours.

The price is $3mil plus GST - OFFERS INVITED