The scenic acreage at 85 Press Road Glenlynn for sale by Nigel Peters of The Agency offers a tranquil escape from city life with income potential.
Situated around 7km south-east of Bridgetown in WA's South West, this near 60 hectare hilltop property presents the perfect tree change opportunity with a sweeping 180 degree panorama overlooking its private natural surrounds.
Source: The Agency“Western Australia’s South West has been growing in attractiveness to both savvy investors and those looking for a slower pace of life amongst the beautiful mix of pastures, orchards, forest and river valleys,” Nigel Peters told THE REAL ESTATE CONVERSATION.
“The property at 85 Press Road, Glenlynn is approximately 10 minutes drive from the heritage hub of Bridgetown, set on the banks of the sparkling Blackwood River, offering the benefits of total seclusion while being close to essential services and a welcoming local community.”
“85 Press Road Glenlynn benefits from a magnificent northerly aspect with breathtaking hilltop views over the surrounding countryside, providing the opportunity to build your statement property, with the forestry offering the potential for a substantial ongoing income.”
Source: The AgencyThe property comes with a currently tenanted, three bedroom, one bathroom weatherboard character home with sweeping verandas, cathedral ceilings, air-conditioning and open plan living and dining area. There is also a large workshop and a garage which can accommodate four cars.
Source: The AgencyAround 30 hectares of the property accommodates a mature plantation of pine trees, while 5 hectares comprises a eucalypt hybrid. For those with a longer-term outlook, continuing the current forest maintenance regime will produce a useful income while the trees grow to their full potential. Alternatively, clear felling would deliver a very substantial one-off return. The remainder of the block is primarily pasture.
Source: The AgencyWhile not zoned for subdivision, exciting potential exists for a holiday chalet development (STCA), similar to other properties in the area. The blending of forest and meadow clearings presents a range of possibilities for chalets to be situated to maximise individual privacy and to make the most of the tranquil surroundings.
Featuring year-round attractions, not least of which is the three-month long Bridgetown Winter Festival, Bridgetown is located about 46 minutes from Pemberton, under 2 hours from Margaret River, and just over 1 hour from Bunbury.
Source: The Agency
To arrange a private inspection or enquire about a price guide phone or email Nigel Peters of The Agency via the contact form below.
To view the listing or for more information click here.
Related reading:
Cabarlah home for sale with uninterrupted escarpment views - The Agency
Southern Highlands acreage for sale with vineyard and cellar door - The Agency