1261 South Coast Highway

Shadforth WA 6333

AN EXTRAORDINARY LIFESTYLE INVESTMENTZoned R20, this beautiful 73HA farm is only 1.5km from the town centre of Denmark, on the South Coast of Western Australia. It is currently run as a cattle farm, with abundant water from dams and a creek line that flows through the property. The topography incorporates a large hill with commanding some of the most panoramic views towards the ocean, Wilson Inlet, surrounding hills, farms and forests in the region. Approximately 70% cleared, with the supporting rural infrastructure of sheds, fenced and gated paddocks, water systems, etc, it is undulating, tranquil and beautiful. Immediately adjacent to Denmark's existing residential areas, this parcel of land is part of the Local Planning Strategy for the future residential growth of the town centre. In 2015 it was rezoned and approved for subdivision into 379 Residential lots. That approval has lapsed but the town planning strategy and R20 Zoning remains. A new approval was granted in 2019 for the first stage of the greater subdivision. This was for 25 lots of around 800sqm each. That approval remains valid until 2023 without any obligation to action it if you don't want to. Considering this property's location, views, water supplies, topography, what it offers as a rural property with a prime hilltop house site (close to the existing farm residence) the picturesque vista, the Local Town Planning Strategy, past and present approvals, this property is the ideal land-bank lifestyle investment. Enjoy it as a 73HA, 180 Acre farm as it is for as long as you like or proceed with subdividing it in stages and realise its commercial return whenever you are ready to do so. It doesn't get any better than this!For full details and supporting documentation, please contact exclusive selling agents Peter Robertson and William Porteous of William Porteous Properties International, today. Shire of Denmark Rates $6,786 p/a (approx.)