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51/3349 Great Eastern Highway
Wundowie WA 6560

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Property Details for 51/3349 Great Eastern Hwy, Wundowie

Building Type
Land
Local Government
Northam

Last Listing description (July 2023)

Knight Frank is pleased to offer for sale by Expression of Interest the El Caballo Lifestyle Village at 51 Jocoso Rise, Wundowie, plus the former El Caballo Resort Complex on 3349 Great Eastern Highway offered for sale together or separately.

EOI closing Thursday 6th October 2022, 3pm AWST.


KEY FEATURES - LIFESTYLE VILLAGE:

51 Jocoso Rise has a land area of 38.95 Ha offering considerable scope for expansion.

Development Approval for a total of 131 lifestyle lots, with 89 fully serviced lots already created with 38 homes built.

Development Approval (DA) was granted to create 41 survey strata lots, plus a green title subdivision and an aged care site over various parts of the parent lot.

The property is located just off Great Eastern Highway between the rural towns of Wooroloo and Wundowie, approximately 60 km east of the Perth CBD.

Income from existing 34 occupied park homes, with opportunity to increase rental income as developed lots sold.

Major infrastructure on site including manager sales office, activity centre, plus other improvements and amenity which could potentially be refurbished or re-purposed.

KEY FEATURES - EL CABALLO RESORT:
Key Features - El Caballo Resort:

Total site area 6.5159 Ha.

Massive frontage to Great Eastern Highway.

Significant improvements in need of refurbishment include the function rooms, bars, equestrian arena, amphitheatre, tennis courts, commercial kitchens, motel units, swimming pool plus other features.

Backing onto El Caballo Golf Course (not part of this sale).

Opportunity for an astute buyer to acquire at significant discount to replacement cost, to reinvigorate the improvements.

For more information please contact the exclusive selling agents.

Property History for 51/3349 Great Eastern Hwy, Wundowie, WA 6560

A timeline of how this property has performed in the market
  • 29 Aug 2022
    Listed for Sale Contact Agent

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About Wundowie 6560

The size of Wundowie is approximately 53.4 square kilometres. It has 9 parks covering nearly 20% of total area. The population of Wundowie in 2011 was 1,282 people. By 2016 the population was 1,329 showing a population growth of 3.7% in the area during that time. The predominant age group in Wundowie is 50-59 years. Households in Wundowie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wundowie work in a trades occupation. In 2011, 74.1% of the homes in Wundowie were owner-occupied compared with 76.7% in 2016.

Wundowie has 944 properties. Over the last 5 years, Houses in Wundowie have seen a 148.25% increase in median value. As at 31 October 2024:

  • The median value for Houses in Wundowie is $480,292 while the median value for Units is $195,013.
  • Houses have a median rent of $280.
There are currently 6 properties listed for sale, and no properties listed for rent in Wundowie on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Wundowie.

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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.