Margaret River

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A new five-star resort in the tourism hotspot has been announced for Western Australia’s Margaret River region.
The Westin Margaret River Resort &amp; Spa is a joint development between Saracen Properties and Security Capital Australia.
CBRE Hotels and KWM acted as joint exclusive advisor to negotiate the Hotel Management Agreement with operator, Marriott International.
Located on the southern headland of Gnarabup Beach, the luxurious resort has been designed by architects, Christou Design Group.
The earmarked site has direct access to the famous Cape to Cape walking trail, nearby national forests, ancient caves and world-class surf breaks.
The resort will be positioned in the heart of the famous wine region, just 10km from the Margaret River town centre.  
CBRE’s Head of Capital Markets for Western Australia, Aaron Desange said the announcement was particularly welcomed in the current climate.
“The Westin Margaret River Resort &amp; Spa will be a major drawcard for the South West region and will further boost Margaret River’s presence on the international stage. More than 15 regional and international operators bid for this opportunity, which underlines the scarcity of five-star resort development opportunities in thriving regional Australian leisure markets,” he said
“Importantly, this announcement will increase the region’s luxury tourism appeal, which will help contribute to injecting much-needed revenue back into our state after particularly challenging economic times.”  
Scheduled to open in 2023, the Westin Margaret River Resort &amp; Spa, is expected to feature 120 guestrooms, three on-site dining venues, 400 square metres of meeting space, extensive leisure facilities, including a resort-style outdoor swimming pool, and day spa.
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New five-star resort announced for Margaret River region

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A Margaret River, WA mortgagee has been listed for $265,000.
The unit was listed for $312,500 when it was first put on the market in September 2018.
The asking price has been reduced five times to where it is now.
Megan Booth of First National is currently marketing the property.
Situated at 9/7 Honeyeater Loop, the abode comprises a two bedroom, one bathroom townhouse with a double carport.
Set on 192 square metres, the two storey holding features solar passive design, 220 gallon rainwater tank and a number of modern features.
It was listed as a rental in 2009 seeking $295 per week and now in 2019 seeking $320 per week.
The property last sold for $361,000 in 2008.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median sale price for an apartment in <a href="https://www.urban.com.au/news/12199-margaret-river-wa" target="_blank">Margaret River</a> is $444,000, according to the latest CoreLogic data.
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Margaret River mortgagee listing drops asking price for the fifth time 

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Cape Lodge, a boutique hotel with vineyard in the Margaret River wine region, has been listed for sale. 
WA rich-lister and co-founder of Navitas, Peter Larsen is selling the property. 
The expression of interest campaign for the hotel ends May 9. 
It has been offered by Aaron Desange, Ryan McGinnity and Chloe Mason from CBRE. 
Set on a 16.5ha parkland and vineyard, Cape Lodge at 3341 Caves Road, Yallingup, comprises 22 guestrooms, a five-bedroom private residence, restaurant. 
Additional features including swimming pool, tennis court, spa and conference venue. 
Cape Lodge also offers a gourmet retreat and cooking school designed for culinary enthusiasts.
Mr Desange said the Margaret River region had gained huge attention as a global wine-producing region and had drawn a surging number of international visitors over the past three years.
“Cape Lodge is the most high-profile accommodation in the South-West and we expect investors will be drawn to the prospect of owning a trophy,” Mr Desange said.
The property opened  in 1993 as a six-room luxury bed and breakfast and was extensively renovated in 2003 and again more recently.
Navitas is a leading global education provider.  
 
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Cape Lodge, Margaret River listed for sale

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A brewery and short-term accommodation three hours from Perth is on the market for an expected $6 million.
Set in Western Australia’s Margaret River tourist mecca, the property at <a href="https://www.realcommercial.com.au/news/cheeky-6m-expected-for-wa-brewery" target="_blank">4259 Caves Rd, Wilyabrup</a> spans more than 14 ha, including a farmhouse, the Cheeky Monkey Brewery and Cidery, restaurant and Ferngrove Vineyards cellar door.
A five-bedroom, two-bathroom homestead, affectionately known as Burton Farmhouse, overlooks the the cabernet sauvignon vines.
Constructed from cedar wood over a single level, the home can be a country residence, holiday getaway or, in its current form, as short-stay accommodation. The brewery, restaurant and cellar door have long-term tenancies in place.
The leased brewery, cellar door, vineyard and homestead return a rental income of $445,000 a year. The land is zoned for viticulture and tourism.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/08/Brewery2.jpg" alt="">
Owner Murray Burton, who bought the property seven years ago, says the property was initially mooted as a cellar door to promote Ferngrove’s Killerby label, but after further consideration his family decided to establish the brewery, which his son now runs.
“I set up Ferngrove Vineyards back in 1998 in Frankland River but we wanted a site in Margaret River so we looked around and found that particular site,” he was cited as saying in an article in www.realcommercial.com.au.
“We wanted to go down the path of establishing a cellar door but had to think a little bit wider than just a cellar door, so that’s where the brewery came in,” Burton says.
The property has great potential for more short-stay accommodation and tourist attractions, Burton said
Listing agent Phil Melville of CBRE said it would make a solid investment for someone seeking a change of pace in the south-west.
“It’s in a fabulous part of Margaret River on Caves Road, which is the main tourist strip leading in to the town and it’s only a short distance from the coast,” he said.
Melville is taking offers on the property, which is expected to fetch at least $6 million.
 
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Brewery set near WA's Margaret River listed with $6 million hopes

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 A beach resort spanning 69,000 sqm in WA's Margeret River is on the market with expectations of more than $10 million.
The <a href="https://www.realcommercial.com.au/property-land+development-wa-gnarabup-502157446" target="_blank">Gnarabup Beach Resort</a>, five sites with direct Indian Ocean frontage and approvals in place for a 102-key resort and potential for a further 73 individual villa sis on the market through Savills Barney Dear and Chas Moore. 
Chas Moore said the site was being offered for sale by its joint venture owners with Development Approvals for the resort, designed by Grounds Kent Architects, had been granted.
This property is coming to the market at an ideal time, with the Western Australia State Government prioritising and strongly promoting the state’s tourism sector, and the $59.7 million expansion of the Bussellton-Margaret River Regional Airport to deliver invaluable direct flights to the region, he said.
"Tourism is on the rise in Western Australia and this is one of the best beachfront resort developments available in the entire state.
"It provides a stunning south-west setting overlooking the Indian Ocean, with boardwalks and footpaths leading directly to the beach, in the heart of Western Australia’s premier tourism destination and widely recognised as one of the world’s best wine producing regions.’"
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Margaret River

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