SOLD
Sold on 23 Jan 2024 for $10,200,000

1958 Caves Road
Naturaliste WA 6281

Bedrooms: 13
Bathrooms: 16
Car spaces: 16
Land area: 543277m2
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Property Details for 1958 Caves Rd, Naturaliste

Building Type
Land
Land Size
543277m2
Local Government
Busselton
Lot/Plan
61/P023969

Last Listing description (May 2024)

'Amazing', 'stunning', 'fantastic' - these are just some of the ways visitors describe this piece of paradise in the heart of the famous Margaret River wine growing region which includes a multi award-winning luxury retreat and day spa, world class accommodation, magnificent manager's quarters, a vineyard, an olive grove, rolling pastures, natural bushland and a large dam.

And it's less than 3kms from the pristine surf beaches for which this part of south-west Western Australia is renowned.

The property is 54.32 hectares of land zoned 'rural', positioned perfectly on scenic Caves Road between the iconic towns of Dunsborough to the north and Yallingup to the south and it has a secondary frontage to the west, on leafy Vidlers Road.

Properties like this come on the market very rarely which makes this a remarkable opportunity for investors or the astute business person looking for a 'sea- change' home and commercial opportunity.

As winner of the Best Luxury Spa Hotel in the 2014 World Luxury Hotel Awards among its host of accolades, the retreat boasts a large luxury day spa with a variety of treatment spaces, 11 rooms with five types of sumptuous guest accommodation, a state-of-the-art commercial kitchen, relaxing restaurant and has been thoughtfully located in established natural bushland in an elevated position with superb outlooks over its surrounds.

The manager's residence is built in typical Margaret River style using loads of natural materials and features an enormous open plan living, kitchen and dining area and two spacious bedrooms and bathrooms, connected via a stunning timber walkway past the outdoor deck, all set in exceptional landscaping with brilliant views.

The new owner will also enjoy the olive grove and 4.85 hectares of established vineyard located on the most fertile part of the property and which produces quality wine varieties including Merlot and Cabernet Sauvignon.

Improvements/Accommodation

Main residence /Restaurant.
The sumptuous main dwelling includes the manager's office, reception desk and
administration, dining/restaurant, commercial kitchen, guests lounge, two courtyard suites within the ground floor and two loft suites to the first floor. Rooms 5, 6, 7 &11.

Deluxe Suites
Rooms 1 to 4 are deluxe suites in two separate buildings just north of the main residence and connected by elegant, elevated timber walk-ways.

Luxury Villas
The Luxury Villas are fully detached and located to the south of the main reception area. They are split level, with additional features like open fireplace, mini kitchen, outdoor balcony and elegant outdoor garden shower. Rooms 8, 9 & 10.

Managers Residence
A beautiful, fully detached 2 bedroom, 2 bathroom residence with open plan kitchen, dining and lounge area, large timber covered deck all set amongst mature native trees providing a beautiful aspect.

Day Spa
A stand-alone building delivering up-market beauty treatments in a peaceful, natural bush environment, it has an opulent foyer, 4 treatment rooms with massage beds, 2 with bathrooms, and 2 with large baths. It also has a manager's office, separate kitchen, waiting room and steam room/bathroom.

Vineyard
The property was established in 1997 when 4.85 hectare of the sandy loam that makes up the most fertile part of the property was dedicated to vines. A strong limestone sub-base and a focus on producing quality fruit over larger quantities, helps the vineyard produce top wines varieties including Cabernet Sauvignon, Merlot and Chardonnay.

The vineyard is fully irrigated via a quality pump and filtration system which incorporates fertigation facilities.

Water Supplies
The large dam is near the Caves Road frontage. Apart from its beautiful aesthetics it is used for reticulation throughout the property.

Ancillary Improvements
- Superb courtyard with elegant landscaping
- Large gazebo in an elevated position with a quality aspect over the property.
- Sauna close to the gazebo.
- Shearing shed; older style, equipped with a two stand shearing facility it provides a nostalgic and fun space with a beautiful outlook over grassed areas, mature trees and the dam.
- General purpose fully powered shed.
- Large dam for irrigation with quality pump and filtration systems.

Location
3 hour drive from Perth or 45 minutes flying time
5 minutes drive to Dunsborough
7 minutes drive to Yallingup
43km to Margaret River
17kms to Cape Naturaliste
7.8kms Canal Rocks
10kms Injidup Beach

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract.

Property History for 1958 Caves Rd, Naturaliste, WA 6281

A timeline of how this property has performed in the market
Last Sold
$10,200,000
23 Jan 2024
  • 23 Jan 2024
    Sold for $10,200,000
  • 07 Nov 2023
    Listed for Sale UNDER OFFER

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About Naturaliste 6281

The size of Naturaliste is approximately 54 square kilometres. It has 5 parks covering nearly 70.2% of total area. The population of Naturaliste in 2011 was 123 people. By 2016 the population was 52 showing a population decline of 57.7% in the area during that time. The predominant age group in Naturaliste is 40-49 years. Households in Naturaliste are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Naturaliste work in a managers occupation. In 2011, 54.9% of the homes in Naturaliste were owner-occupied compared with 61.9% in 2016.

Naturaliste has 331 properties. Over the last 5 years, Houses in Naturaliste have seen a 86.55% increase in median value, while Units have seen a 263.16% increase. As at 30 November 2024:

  • The median value for Houses in Naturaliste is $2,136,650 while the median value for Units is $333,057.
There are currently 9 properties listed for sale, and no properties listed for rent in Naturaliste on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Naturaliste.

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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.