FOR SALE
Low to mid $2M as WIWO

575 Farley Road
Paynedale WA 6239

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 40.46ha
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Oakway Estate: A Lifestyle with Income in the Heart of Geographe (40.46 Ha* - Approx. 100* Ac)

Discover Oakway Estate, nestled in the picturesque Geographe wine region. This exceptional property offers a unique lifestyle with income potential, situated alongside the Capel River with approximately 10* hectares of pasture and prime river access, ideal for eco-tourism ventures.
Currently, it operates as a thriving wine label business with a boutique vineyard, café, and excellent infrastructure for living and working. The property also boasts a dam and a valuable water license, enhancing its natural beauty and sustainability.
Key Features:
- 1932 Homestead: Beautifully restored, this charming homestead features 4 bedrooms, 2 bathrooms, a study, and 2 living rooms, blending heritage with modern comforts.
- Vineyard Lifestyle: A boutique business with 2* hectares of nine sought-after noble and alternative varieties producing over 15* tonnes of fruit annually. With over two decades of winemaking history, Oakway Estate has developed a strong following and accumulated some impressive accolades.
- Facilities: Essential amenities include a large temperature-controlled storage shed housing the Cellar Door and Café with a commercial kitchen.
- Blue Gum Plantation: 19* hectares of the estate are dedicated to a blue gum plantation, currently in its third rotation. This plantation offers significant future income potential with minimal maintenance costs.
Key features include:
- Highly Sought-After Product: The Tasmanian Blue Gum (E.globulus) is in demand by Japanese and Chinese paper manufacturers for high-quality paper and paperboard (magazines). The wood requires fewer chemicals for processing due to its light colour wood fibre.
- Prime Location: Ideal for export, with minimal transport costs by harvesters, hauliers, and exporters nearby in Bunbury.
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Property Details for 575 Farley Rd, Paynedale

Building Type
Rural
Land Size
40.46ha

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About Paynedale 6239

The size of Paynedale is approximately 76.5 square kilometres. It has 3 parks covering nearly 84.1% of total area. The population of Paynedale in 2011 was 268 people. By 2016 the population was 40 showing a population decline of 85.1% in the area during that time. The predominant age group in Paynedale is 50-59 years. Households in Paynedale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paynedale work in a managers occupation. In 2011, 83.7% of the homes in Paynedale were owner-occupied compared with 104% in 2016..

Paynedale has 38 properties. As at 31 July 2024:

  • The median value for Houses in Paynedale is $1,120,284.
There are currently 2 properties listed for sale, and no properties listed for rent in Paynedale on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Paynedale.

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Clemence Haselgrove
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Elders Souther Districts Estate Agency Bunbury
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