9000 Browne Boulevard

Kalbarri WA 6536

There are 2 newly titled and ready to build on lots 8 and 10, plus Lot 9000 zoned R20 and with previous subdivision approval for a FURTHER 5 LOTS. Most of the subdivision work has been completed for you, with the final 5 lots not constructed due to the sitting of the house in order to maintain a rental income @ $285 per week. This is an excellent investment potential, particularly anyone seeking to land bank a sound long-term retirement investment but with rental return.

So many options to suit any buyer:
- With excellent rental holding income for the investor or a great home for a Kalbarri local, retain the property for 5, 10 or 20 years until the time is perfect to subdivide and fund your retirement. Imagine what 7 ocean view lots will be worth one day!
- On-sell either or both of lot 8 or 10 anytime you want to get some cash in hand. The adjoining lots 5, 6 and 7 sold quickly when listed!

- If you can't wait, demolish the house, resubmit the recently lapsed approved plan of subdivision, and complete the conditions for the additional 5 lots and sell all 7 of them (power and optic fibre already to all lots, with mains water and sewer already to all but 2 of the future lots which just need a short trench connection. Request a copy of the subdivision conditions).

The current owners planned to hold long term and develop one day for their own retirement, but are now seeking to upgrade their own home so need to cash in - now you can reap their future rewards instead!

We have experienced building companies ready to assist you, some of which are - Simple Life Projects (Local), Reker Homes (Local), Wideglide Constructions (Local), Redink Homes, WA Country Builders, Concept Steel Constructions, Plunkett Homes and TR Homes.

KALBARRI is blessed with a unique environment and it won't take too long to see this for yourself clean, safe beaches side by side, including world renowned surfing beach - Jacques Point which has 4-5 m left point surfing breaks, towering sandstone cliffs bordering coastal reef fringes which make great viewing platforms for the frequently visiting whales and dolphins and thanks to a warm offshore current, Kalbarri exhibits both tropical and subtropical species of marine life in abundance. The National Park with its magical gorges on your back doorstep and the Murchison River meeting the Indian Ocean brings various realms of adventure or relaxation. The only decision that you have is what to do first!

Lots 1, 2, 3, 4, 9 (Stage 2 that currently comprises Lot 9000), all that would be required is:
- Demolish existing house (est $15,000)
- Extend mains sewer line from current limit near Lot 1 around to the common boundary on Browne Bvd of Lots 3 and 4 (est $10,000)
- Connect 1 x uni pillar at the common boundary of Lot 1 and 2.(est $5000)
- Pay Water Corp headworks on the five lots (est $4000 per lot)
- Final survey of 5 x lots and prepare / submit DP (est $5000)
=> Total costs to finalise subdivision and get Lots 1, 2, 3, 4 and 9 to market = est $55,000

Already in the ground for Stage 2 (Lot 9000):
- All telecommunications infrastructure complete
- All electrical verge work complete
- Unipillars already installed to energise lots 3, 4 and 8 (only lots 1 and 2 need a pillar run in)
- Deep sewer already to lots 1, 2 and 8
- Mains water already available to all lots

Lands Rates Approx: $2,238.00pa
Water Rates Approx: $1,783.84pa
Currently Permanently Rented out at @ $285 per week to 30/09/2021
Call Ron for more information - 0431 570 741

Disclaimer We have in preparing this document used our best endeavors to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries and complete their own due diligence to verify the information contained in this document.