SOLD
Sold on 18 Jul 2024 for $2,679,710

62 Harmans Mill Road
Metricup WA 6280

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 412924m2
Sold By
Acton Belle Property South West
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Property Details for 62 Harmans Mill Rd, Metricup

Building Type
Rural
Land Size
412924m2
Local Government
Busselton
Lot/Plan
1586/P201663

Last Listing description (August 2024)

The Colony Concept is a destination, home to Southern Forests Honey, the region's largest specialist in honey and Bee related products, including, Keepers Mead Brewing Co, a progression from the legacy of Southern Forests Honey. The Colony Concept first opened in 2019, and over the past 3 years, the current owners have built an emerging premium tourist facility, reputable with locals and tourist throughout. On offer is a collective of enterprises, with Restaurant, Cellar Door Sales, Education centre, produce sales, and a licensed Brewery site, all set on 102 acres of picturesque rural surrounds. This outstanding property could offer alternative tourism opportunities, continue to operate as the existing business or buyers could take advantage of potential investment in this viable South West venture for expansion of future export and domestic opportunities as well as retail and franchise potential.

Located in a prime tourist region, with prominent exposure off Harmans Mill Road in the heart of the world-renowned Margaret River Wine Region. This region is known for more than just a destination, it's a hotbed for once-in-a-lifetime experiences, breathtaking scenery, natural beaches, beautiful vineyards, forests, caves, food, wine, and family experiences. The property is surrounded by many tourism ventures, with Wow Illusions, Big Ball Golf, the famous French Poetiser, Maison Lassiaille, and the Margaret River Chocolate Factory are just down the road, along with many high profile restaurants & distilleries not far away. The towns of Cowaramup & Margaret River are only 5-15 minutes to the south and approximately 30 minute drive to the towns of Dunsborough and the expanding City of Busselton to the north. With Western Australia being recently named by the Lonely Planet in their top 30 travel destinations in 2023 and flight paths from the Busselton airport to facilitate expanding interstate and international destinations, will certainly cement a bright future for tourism in the South West with high confidence in investing in this world-class destination.

This is your opportunity to acquire a landmark property and tourism business that has built a strong reputation as a unique family destination in one of Western Australia's most desired South West locations.

This well established business and property will be sold on a WIWO basis as a going concern with all plant and equipment, goodwill, brands, wholesale list, recipes, Brewery license (intellectual property) included. Stock will be offered at agreed valuation. (Please note any transaction requiring the transfer of a liquor license will require the approval of the Director of Liquor Licensing as a condition of sale).

Production, income details only available to qualified buyers after a formal inspection has been arranged. Inspections are by appointment only and on days specified by the seller.

Information Memorandum available on request.

Property History for 62 Harmans Mill Rd, Metricup, WA 6280

A timeline of how this property has performed in the market
Last Sold
$2,679,710
18 Jul 2024
  • 18 Jul 2024
    Listed for Sale Price on Application
  • 18 Jul 2024
    Sold for $2,679,710
  • 25 Nov 2022
    Listed for Sale Price on Application
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About Metricup 6280

The size of Metricup is approximately 57.1 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Metricup in 2011 was 428 people. By 2016 the population was 196 showing a population decline of 54.2% in the area during that time. The predominant age group in Metricup is 0-9 years. Households in Metricup are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Metricup work in a managers occupation. In 2011, 61.5% of the homes in Metricup were owner-occupied compared with 75.7% in 2016..

Metricup has 187 properties. Over the last 5 years, Houses in Metricup have seen a 138.18% increase in median value, while Units have seen a 253.35% increase. As at 30 November 2024:

  • The median value for Houses in Metricup is $2,093,038 while the median value for Units is $497,947.
There are currently no properties listed for sale, and no properties listed for rent in Metricup on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Metricup.

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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.