FOR SALE
OFFERS OVER $1.45M!

10/7981 Caves Road
Forest Grove WA 6286

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1.4ac
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Exclusive Boranup National Park Acreage includes approved building envelope for residence, fully built restaurant and Boranup Art Gallery.

This gem of a property boasts diversity and spearheads into the Boranup National Park 20mins south of Margaret River. First time on the market in 35 years and home to the iconic Boranup Gallery, it is time for the owners to retire making this a unique opportunity to acquire a Jewel of the South West.
The property is also complimented by the very popular restaurant with liquor license immediately adjacent to the gallery and is fully leased out ready for you to acquire this continuous passive income.
Recently approved on the rise behind the gallery is a building envelope with a current BAL rating and plans approved for a two story rammed earth residence. There is opportunity to resurrect the former residence in the gallery until a new residence is built ( the former accommodation was reclaimed for gallery and office space).
Immediately adjacent to the Gallery is the restaurant formerly leased to " Pies and Ale".
With planning approvals in place for all of these and a function center if required and a long history of prosperous trading supported by locals and visitors it is an iconic destination of Margaret River.
Run it as it has been by the owners or diversify and mix it up further to tailor it to your own skill set, live there and have your own open studios venue for yourself and mates. The possibilities are endless but bear in mind venture too far of the existing path and planning approvals would be required.
The property is Lot 10 in a group of 10 rural Strata Titles, it has plenty of power , 50,000 gal water tank and use of the strata companies bore.
Contact Keaton Standley at Barr and Standley us today for more information!!
Disclaimer: We have in preparing this document used our best endeavours 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 to verify the information contained in this material. Licensee: Barr and Standley Pty Ltd ABN 55 651 170 731

Property Details for 10/7981 Caves Rd, Forest Grove

10/7981 Caves Rd, Forest Grove is a 3 bedroom, 1 bathroom House. The property has a land size of 1.4ac. The place is currently for sale with Barr & Standley Real Estate.

Building Type
House
Land Size
1.4ac

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About Forest Grove 6286

The size of Forest Grove is approximately 127.9 square kilometres. It has 7 parks covering nearly 33.9% of total area. The population of Forest Grove in 2011 was 236 people. By 2016 the population was 269 showing a population growth of 14.0% in the area during that time. The predominant age group in Forest Grove is 60-69 years. Households in Forest Grove are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Forest Grove work in a managers occupation. In 2011, 59.5% of the homes in Forest Grove were owner-occupied compared with 58% in 2016..

Forest Grove has 190 properties. Over the last 5 years, Houses in Forest Grove have seen a 72.94% increase in median value, while Units have seen a 22.13% increase. As at 30 November 2024:

  • The median value for Houses in Forest Grove is $949,737 while the median value for Units is $485,631.
There are currently 7 properties listed for sale, and 1 property listed for rent in Forest grove on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Forest grove.

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Keaton Standley
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