Lifestyle Farm with Commercial Lease Included

301 Gardiner Road, North Walpole WA 6398

For Sale

$598,000

1/15

Property Description

This beautiful North Walpole rural property offers the savy buyer a number of different options. A local business currently owns and operates from the property and, whilst not essential, is interested to continue to rent a small proportion of the property from the buyer. This opens up a number of options for the discerning buyer:

Option 1: Buy as a charming 100-acre property with an opportunity to move in. The original farmhouse could be occupied immediately or could be renovated over time. The gardens are stunning and were until recently a local tourist attraction. The farmhouse kitchen operated until 2019 as a licensed local café. The property also has extensive well-built timber framed sheds and a large dam.

Option 2: Lifestyle opportunity plus income. If you do not want to move in immediately, the property offers two sources of income. The first income source is the annual rental of $18,000 from the well-established Thurlby Herb Farm business that will lease a small parcel of the land, buildings and the sheds. The second source of income is from the blue gums that are on their second cycle.

Option 3: Explore the possibility of qualifying for Government grants that support building homes on vacant land and build your dream home whilst enjoying a substantial rental income.

The property features a large dam, valley views and would suit a lifestyle buyer or a long term investor.

Contact Agent

Joe Burton

0429 900 616

Property Details

Property Type

Rural

Land Size

100 acre

Bedrooms

Number of Storeys

1

Bathrooms

Year Built

Property Location

301 Gardiner Road, North Walpole WA 6398

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