OFF MARKET

467 Twenty Four Road
Karridale WA 6288

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 820851m2
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Property Details for 467 Twenty Four Rd, Karridale

Building Type
Rural
Land Size
820851m2
Local Government
Augusta-Margaret River
Lot/Plan
3942/P164137

Last Listing description (September 2024)

Nestled in the prestigious southern area of the Margaret River Wine Region, this exceptional commercial vineyard offers a rare chance to own a piece of Western Australia's premier wine country. Known for its commitment to sustainable winegrowing, 467 Twenty Four Road, Karridale is poised for long-term success, providing an environmentally conscious, socially responsible, and economically viable investment.

Sustainable Winegrowing with Potential for Growth

As new members of Sustainable Winegrowing Australia, the current owners have meticulously prepared the vineyard for a sustainable future. Spanning 25 hectares, the vineyard is predominantly planted with premium Chardonnay grapes (93% white and 7% red varieties), supplying two major wine producers in the region. The property includes:

Abundant Water Supply: Three dams (55ml, 18ml, and 15ml) with pump sheds and a drip irrigation system across the entire 25ha vineyard, including 13ha ready for planting. The Surface Water Licence allocation of 88,100KL will be included in the sale.
Comprehensive Facilities: A 29m x 9m office/workshop with a concrete floor, a 20m x 8m plant and equipment storage shed, a 13m x 9m double garage adjacent to the residence, and a 10m x 9m fertigation and chemical storage shed.
Winery: 18m x 9m wine production facility with adjoining 18m x 8m crush pad.
Residence: A charming 4-bedroom, 2-bathroom home, perfect for a manager or family, providing comfortable living on the property.
Vineyard Details: 14ha of Chardonnay, with 12.931ha of fallow land ready for planting, 23.5ha of cane-pruned vines, and 1.5ha of spur-pruned vines.

A Stunning Property with Room for Expansion

This visually stunning vineyard, with its gently undulating terrain and well-drained soils, offers both an established business and the potential for further growth. Surrounded by the natural beauty of the region and benefitting from high rainfall, this property is ideal for those passionate about cultivating premium grapes in one of Australia's most sought-after wine regions.

Prime Location for Tourism and Wine Enthusiasts

Set against the backdrop of the Southern Ocean's cooling influence, this vineyard is not just a business but a lifestyle. Located just 36km south of Margaret River town, you'll be at the heart of a thriving tourist area. The property is perfectly positioned near popular destinations such as Witchcliffe, the breathtaking Boranup Karri Forest, the serene Hamelin Bay, and the fascinating Jewel Cave, making it an ideal location for wine tourism and further business expansion.

Don't miss this extraordinary opportunity to invest in a vineyard with a sustainable future, located in one of the world's most beautiful wine-growing areas. Contact Kingsley Edwards today on 0412 90 90 22 to learn more and to schedule a private viewing.

Property History for 467 Twenty Four Rd, Karridale, WA 6288

A timeline of how this property has performed in the market
Last Sold
$895,000
01 Jul 1997
  • 30 Aug 2024
    Listed for Sale Not Disclosed
  • 01 Jul 1997
    Sold for $895,000
  • 29 Dec 1988
    Sold for $160,000

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About Karridale 6288

The size of Karridale is approximately 99.3 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Karridale in 2011 was 405 people. By 2016 the population was 275 showing a population decline of 32.1% in the area during that time. The predominant age group in Karridale is 50-59 years. Households in Karridale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karridale work in a managers occupation. In 2011, 66.9% of the homes in Karridale were owner-occupied compared with 63.8% in 2016.

Karridale has 419 properties. Over the last 5 years, Houses in Karridale have seen a 86.72% increase in median value, while Units have seen a 44.69% increase. As at 31 October 2024:

  • The median value for Houses in Karridale is $926,000 while the median value for Units is $716,497.
There are currently 2 properties listed for sale, and no properties listed for rent in Karridale on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Karridale.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.