+8

427 Mount Shadforth Road, DENMARK

For Sale $3,750,000

KARRI MIA BUNGALOWS - DENMARK

Karri Mia is a Tourist zoned, survey strata development, in a prime elevated position high on the shoulders of the Mount Shadforth ridgeline, with dramatic views out to the ocean, inlet, Nullaki Peninsula, forests, Mount Hallowell, farmland, and a wide arc of the surrounding hinterland. Only 4.2km from the centre of Denmark on WA’s stunning South Coast, which is approximately 48Km west of Albany and 421km south of Perth.

Denmark is famous for its stunning tall Karri Forests, beautiful white pristine beaches, great surf, world-class wineries, organic produce, art galleries and restaurants, throughout its undulating green countryside. “Where the forest meets the sea” this is a lifestyle mecca for those seeking peace and tranquillity in a pristine, natural environment, whilst still being within easy reach of a major port city of Albany, and with that only about a 50min flight back to Perth with REX Aviation.

Karri Mia was established in 1997 with the first 10 two bedroom, two bathroom bungalows and supporting infrastructure. The accommodation was expanded in 2001 with an additional 5 one bedroom, one bathroom luxury studios. It was run as a family operated tourist business until 2009. The property was then given a makeover and refurbishment, and the town planning scheme was amended to allow for a mixed-use Tourism and Permanent Residences (*conditions apply). The current survey strata plan was finalised in 2016 and set the framework for the direction of future growth.

There are 15 LOTS now on offer as a walk-in walk-out package. The key components are as follows (to be read with the attached survey diagram):

5 LOTS WITH EXISTING BUNGALOWS:
The 5 lots are coloured YELLOW on the attached plan. Lot #2, has two 1 bedroom luxury studios on it. Lots #5 has one 2 bedroom bungalow, #6 has two 2 bedroom bungalows, #7 has two 2 bedroom bungalows, and #8 has one 2 bedroom bungalow. That’s 8 bungalows in total.

The 2 bedroom bungalows all have 2 bathrooms with open plan kitchen dining and lounge configurations, big balconies and storerooms with laundries. Each has a double carport. The existing bungalows are shown as grey shapes on those lots.

The wireframe outlines on the map indicate the potential for future building placements on those lots in addition to what is already built.

10 EXISTING TITLES AS VACANT LOTS:
The vacant lots that have titles issued are those coloured BLUE on the attached plan. Lots #15, #16, #17, #18, #19 #20, #21, #22, #23 and #24. These can have bungalows and permanent residences built on them.

CP 12 – STORAGE:
This is the common storage area for the Bungalows (not the caravan park). It is a hard stand area that is fenced off and secure.

SUMMARY:
* 10 Vacant Lots
* 8 bungalows and their respective lots
* PLUS their share of the Common Property (CP) lot 10 with the reception and managers house, CP11 which has the water supply dam and forest on it, and CP 13 which is the internal road, and CP12 that is the storage area.

This is all sold as a going concern, with a high occupancy rate. There is significant upside through further development and expansion of the accommodation on both the lots with existing bungalows and the as yet undeveloped vacant lots.

*PLEASE NOTE: Strata Lots 1, 3, 4 and 19 are privately owned and not included with this sale. Lot 1 is the cluster of 8 uncreated, unsubdivided lots on the one strata lot (#25) and has been sold separately. It is being extracted from the Karri Mia Strata Plan. The adjacent properties of Ajar Restaurant on lot 83, Karri Aura Caravan Park on lot 1 and Chimes Spa Retreat on lot 85, whilst complementary to Karri Mia Bungalows and all within the Karr Mia Tourist Zone, are not included with this offering and are all privately owned and operated.

Contact exclusive selling agent Peter Robertson today for full details.

Property Features
  • Land/Development
  • Land is 14.17 hectare
  • Floor Area is 141,700 m²
Commercial Features
Zone

TOURIST

LAND: 14.17 hectare BUILDING: 141,700 m²