PL 10/7981 Caves Road, Forest Grove.

Being offered for sale for the first time in 35 years is this very special 1.4hectre property nestled into the Boranup National Park. This is a once in a generation opportunity to acquire such a unique and diversified property in the most pristine region of Western Australia and with its Tourism zoning its use is only limited by ones imagination. Consisting of an extensive rammed earth fine art gallery and a separate Café, with a strong lease in place, the property is located on the major tourist access route to the internationally recognised Margaret River region. Approximately fifteen minutes' drive from the vibrant town of Margaret River in Western Australia's premium grape growing country, which include famous names such as Leeuwin Estate and Voyager. Being the only privately owned commercial block for 20km of this famous section of Caves road it places Boranup Gallery in prime position for any tourism venture. Being located only 3 and a half hours from Perth and with the new Margaret River airport in full swing, trade is set to explode, with interstate and international tourists eyes firmly fixed on Margaret River. The land has been zoned as Special Use and has been approved for tearoom/restaurant, conference function room, art gallery and sales. There is also currently a development application with the Shire Planning Department, for a for a caretaker's residence immediately behind the gallery and Cafe. The Gallery title is P/L 10 on strata plan 31137 and sits adjacent to P/L 11 being the former craft workshop associated with supplying Boranup Gallery with fine furniture. Currently Lot 11 is also for sale. The Gallery comprising 480m2 was built in 1989 of rammed earth with a cathedral roof and handmade arched timber framed windows and doors. Adjacent to the gallery is a Cafe and decking with a large seat capacity and liquor license. Currently leased to "Pies and Ale". What makes this proposal an attractive business to buy? The gallery has a unique and well established business footprint in a major tourism hub. Boranup Gallery first opened in 1989 and its 33 year successful trading history has made it an attraction and a well entrenched business in the tourism scene both nationally and overseas. The name Boranup Gallery is an icon in Western Australia, one year becoming a finalist in the Sir David Brand tourism awards for "The most significant local attraction". There are strong future opportunities for the business and the property, with an extensive list of suppliers that boast a huge development and diversification of the opportunities for the next owners, depending on their own future personal plans, that they bring to the table. Option 1 - Going Concern Price $1,400,000 Continue to operate this business with its outstanding Gallery, products and Cafe. For the buyer this presents no problem, protocols and procedures are in place to ensure a smooth handover. Option 2 - Purchase of property vacant possession. Price $1,300,000 The properties unique location and zoning makes it attractive to any number of variations to its existing use, limited only by ones imagination.