OFF MARKET

3 Bolganup Road
Porongurup WA 6324

Bedrooms: 16
Bathrooms: 8
Car spaces: 2
Land area: 10774m2
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Last updated 11 Nov 2024
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Property Details for 3 Bolganup Rd, Porongurup

3 Bolganup Rd, Porongurup is a 16 bedroom, 8 bathroom Unit with 2 parking spaces. The property has a land size of 10774m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Land Size
10774m2
Local Government
Plantagenet
Lot/Plan
7/D018853

Last Listing description (October 2021)

Set in the heart of the iconic tourist destination the Porongurup National Park, where 30,000 visitors a year head for the walk trails and natural beauty of Karri, granite, and spectacular lookouts. The property is also ideally suited for tourists to the Stirling Range National Park with WA's highest peak Bluff Knoll. The area attracting plenty of wine and wildflower visitors. The present Owners chose lifestyle over profit and limited promotion to a minimum, yet still achieved modest profits. With the massive resurgence of Domestic tourism in the new Covid world, domestic tour operators are seeing record occupancy and enquiries. The time has never been better.The replacement cost of the buildings would alone be in excess of double the asking price. Opened in the 1970s and finally trading as the Porongurup Chalets, it closed due to sad personal circumstances in 2016.Set among tall eucalypts and natural bushland on 10,774 sqm, the 7 self contained chalets include a lounge, dining area, fully equipped kitchen, bathroom and 2 bedrooms upstairs [NB:1 chalet has only 1 bedroom]. There is also a double garage, laundry with undercover drying area . Presently another singled bedded chalet serves as a guest reception, office, and storage space. The current Owners converted 2 chalets next door into a home. With little renovation since the 1970s the current Owners sympathetically have updated the property. Designed as a welcoming retreat after a day's activity, the accommodation is well furnished and has heating, and entertainment equipment. Most linen was commercial hired, saving time and effort. Chances like this do not come along very often, the property has only had 3 owners (including the present from 2004) since construction in the mid 1970s. An inspection of this unique property, and the excellent value it represents, is recommended for those considering a tree change and potentially tourism enterprise in an exceptional part of the world.**Please note**-Due to the high volume of enquiry on this property, inspections will only be granted after proof has been obtained of your financial capability -The property is not being sold as an operational business, therefore there are NO FINANCIALS availableWhat you need to know:- Lifestyle business in a delightful location just 25kms from Mt Barker & 50kms from Albany.- 10,774sqm block- Owners' residence and separate Reception/Office.- 7 letting chalets, comfortably furnished and fully equipped- Laundry and double garage- Idyllic bush setting on a major tourist route- Several initiatives to quickly boost income- Walk in Walk Out - as a returning business it could be operational in weeks.- Council rates - Approx $2,250

Property History for 3 Bolganup Rd, Porongurup, WA 6324

A timeline of how this property has performed in the market
Last Sold
$599,999
28 Jul 2021
  • 28 Jul 2021
    Sold for $599,999
  • 14 Aug 2020
    Listed for Sale $645,000
  • 25 Nov 2016
    Listed for Sale $650,000
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About Porongurup 6324

The size of Porongurup is approximately 212.2 square kilometres. It has 1 park covering nearly 12.7% of total area. The population of Porongurup in 2011 was 260 people. By 2016 the population was 297 showing a population growth of 14.2% in the area during that time. The predominant age group in Porongurup is 40-49 years. Households in Porongurup are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Porongurup work in a managers occupation. In 2011, 78.7% of the homes in Porongurup were owner-occupied compared with 79% in 2016..

Porongurup has 333 properties. Over the last 5 years, Houses in Porongurup have seen a 66.13% increase in median value. As at 31 October 2024:

  • The median value for Houses in Porongurup is $667,536 while the median value for Units is $646,626.
There are currently 6 properties listed for sale, and no properties listed for rent in Porongurup on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Porongurup.

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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.