38 Elizabeth Place Karragullen WA 6111

Big opportunity for a horse lover to develop this 29.78 acres in the Perth Hills region with two homes and unlimited fresh ground water.

Owners says sell and will offer to clear part or all the 20 acres of planted orchard area to provide a blank canvas for paddock areas and equine pursuits.

Abundant quality fresh groundwater is sourced from seven bores and pumped into a network of large storage tanks and automatic reticulation. The water is free and only cost is electricity to run pumps, providing lush, pastured paddocks to graze all year round.

Infrastructure includes two homes both currently tenanted and income producing. Original packing shed and two large cool rooms that could be easily converted to stables and large rainwater tanks.

Sealed road frontages to Canning Road and Elizabeth Place providing easy access to all major transport links. Located 28 linear kilometres from Perth CBD and 35 linear kilometres from Fremantle Port. Surrounded by native forest trails for unlimited bush riding.

Zoning is Rural - General Farming. Future subdivision potential subject to council approvals into two or three lots. Endless opportunities for equine development with current huge demand for horse agistment boosted with the existing lease returns from the two homes.

All inquiries to exclusive selling agents Nutrien Harcourts WA - phone local real estate specialist William Morris 0448 415 537.