4812 Caves Rd, Gracetown is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1996. The property has a land size of 63880m2. While the property is not currently for sale or for rent, it was last sold in April 2015.
REDUCED, this is a fantastic down south lifestyle property boasting elevated views over dams close to beach at Gracetown. Located on the corner of Caves Road and Cowaramup Bay Road with pristine National Park on the north boundary, two dams, sheds and a comfortable house, the property is a perfect lock and leave weekender. There is untapped potential here with a Tourism zoning allowing chalets and accommodation development, all in a prime location!
Impressive elevated rural views are on offer from the home with plenty of water in the vista including one of the two dams on the property and the huge neighbour's dam. Located right in the golden triangle of tourism with Vasse Felix, Cullen's and Olio Bello in the immediate vicinity, you are in good company. With the national park on the rear boundary the property is surprisingly quiet and protected.
The property has a Tourism Zoning allowing further development of accommodation facilities including chalets and dormitory accommodation. Do something with the Zoning or just enjoy the property as is. There are some great locations for the proposed chalets and the dormitory style accommodation is an interesting proposition if you crunch the numbers, weddings, school groups and the like. Something for the next generation to play with perhaps?
The 4 x 2 home is more than comfortable with master en-suite bedroom separate to the three minor bedrooms. A large open plan kitchen living dining area, with undercover entertaining at the rear and wrap around verandas providing protection in all weather conditions. the kitchen will please the fussiest cook and the living area design is perfect for entertaining.
If you are looking for the quiet life, then simply enjoy the amenities of the 6.477ha (16 acres) with the National Park on the border, beaches and surf down the road. The small frontage to Caves Road and the elevated topography is such that you still have plenty of room to be set back and private, and yet still capture the passing trade if you wish - best of both worlds really!
There are stands of native trees, quality water year round and plenty of room to grow or run a few livestock. The options are many - organise an inspection today.
This property is ready to go, take a look this weekend.
To view other property for sale in Margaret River visit our website.
The size of Gracetown is approximately 32.6 square kilometres. It has 2 parks covering nearly 91.1% of total area. The population of Gracetown in 2011 was 472 people. By 2016 the population was 221 showing a population decline of 53.2% in the area during that time. The predominant age group in Gracetown is 40-49 years. Households in Gracetown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gracetown work in a professional occupation. In 2011, 67.8% of the homes in Gracetown were owner-occupied compared with 65.5% in 2016.
Gracetown has 268 properties. Over the last 5 years, Houses in Gracetown have seen a 80.40% increase in median value, while Units have seen a -6.47% decrease. As at 31 October 2024:
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