Menu

Commercial Sales

LIFESTYLE VILLAGE & SUBDIVISION

EL CABALLO RESORT

TO BE SOLD BY EXPRESSIONS OF INTEREST

all in one or individual parcels  – Closing 19 April 2019 4PM WST

Lifestyle Village & Subdivision

+The Property
Situated on an approximately 38.95 hectare site elevated above both the El Caballo Golf Course and Great Eastern Highway with access from Jocoso Rise.

This site has a subdivision approval to create five lots which has had substantial earthworks undertaken in accordance with the proposed uses of the five sites along with the establishment of a waste water treatment plant and the first stages of a Lifestyle Retirement Village.

With over 40 years of rich history El Caballo is nestled in the heart of the Avon Valley and only 30 minutes from the Airports. El Caballo Resort is surrounded by Australian bush and wildlife and is a great escape from the CBD.

The individual components of the property are detailed under the separate headings below.

+Location
The subject property is located 60 kilometres north east of Perth or approximately 40 kilometres from Midland with Northam being located approximately 30 kilometres east.

More specifically the property is located on the northern side of the Great Eastern Highway approximately 9 kilometres east of the Lakes turn off.

The subject property is surrounded on three sides by the El Caballo Golf Course which separates the subject property from the El Caballo Resort.

Access to the property is afforded primarily off Jocoso Rise although a secondary egress exists for fire safety onto Great Eastern Highway at the western end of the golf course.

+Title Particulars
Lot 90 on Deposited Plan 72807 Volume 2799   Folio 947
+Encumbrances

1.F012347Easement burden for water treatment purposes registered 14/10/1992
2.G200423Easement burden for water treatment, pipeline and right of carriageway purposes - see sketch on Deposited Plan 72807, registered 12/6/1996
M967294Surrender of easement, as to the portions marked ''B'' and ''E'' on Deposited Plan 72807 only registered 31/7/2015.
3.

Easement burden created under section 27A T.P. & D. Act for above ground electricity purposes to Western Power Corporation - see Deposited Plan 72807 as created on Deposited Plan 32453.

4.

Easement burden created under section 136C T.L.A for sewerage purposes - see Deposited Plan 72807 as created on Deposited Plan 39712.

5.M967293Easement burden for right of carriageway purposes - see Deposited Plan 402248 - registered 31/7/2015

+Zoning
Special Use Zone 9 & Special Use Zone 12 in accordance with Shire of Northam Local Planning Scheme No. 6 as detailed below:

 

SU 9.Portion of Lot 90 (No. 51) Jocoso Rise, Wundowie as designated on the Scheme Map.

AMD 5 GG 05/09/17
Park home park, Motel, Office, Club Premises, Reception centre and associated uses.

1. Maximum development of 131 park homes and uses ancillary thereto including swimming pool, bowling green, kitchen, toilets and storage area, as approved by the local government.
2. Maximum development of 19 motel units and uses ancillary thereto including swimming pool, gym and tennis court, as approved by the local government.

SU 12.Portion of Lot 90 (No. 51) Jocoso Rise, Wundowie as designated on the Scheme Map.

AMD 5 GG 05/09/17
Grouped dwellings and residential aged care facility and associated uses.

1. Subdivision of land shall be limited to built or survey strata subdivision.
2. At subdivision stage use restrictions shall be 45 years and older.
3. At subdivision or development stage lots shall be subject to a notification on title to advise landowners of potential impact from the operation of the Linley Valley abattoir.
4. The R-Codes are to apply. Subdivision and development is to be in accordance with the 'R30' density code.
5. Lots shall be connected to a reticulated water supply and water sewerage system.
6. No development will be permitted within 500 metres of the Linley Valley abattoir and its associated wastewater ponds.
7. Construction of the residential aged care facility is to be substantially commenced prior to approval of the 41st lot in SU12.
8. Prior to the submission of an application for development approval, a Local Development Plan (LDP) for the land is to be prepared and approved by the local government. The LDP should provide sufficient information to address the requirements of the Scheme including traffic management, car parking, waste management and pedestrian access and walk ways.
9. Prior to subdivision or development a Bushfire Management Plan (BMP) and Emergency Evacuation Plan is to be prepared and approved in accordance with the Guidelines for Planing in Bushfire Prone Areas (as amended). The BMP should provide sufficient information to address the bushfire protection criteria including siting and design of development and vehicle access.

WAPC Ref 156794 – Conditional Approval for Freehold Subdivision dated 7 September 2018.

+Plan of Subdivision

 

Download a copy of the full Subdivision Plan here.

The approval to undertake subdivision with accordance with the above plan was granted by the Western Australian Planning Commission and is valid for three years until 7 September 2021.

A copy of the approval can be provided upon the execution of a Non Disclosure Agreement.

+Current Services
Sewer (Biomax), scheme water and power are all available to the property and in some areas, already connected. Fibre optics available from Jocoso Rise and all current completed home sites are connected.

5 Lot Subdivision

The current concept and the subject of the recently issued Development Approval for the creation of the five (5) green titled lots will permit the component parts to be sold independently.

The subdivision will have a road created off Jocoso Rise providing access to four (4) of the lots with the Lifestyle Village maintaining its own access at the end of Jocoso Rise. The lots will vary in size from 1.03 hectares to 14.24 hectares.

For more information about the Five Lot Subdivision, please click on the link below.

EL CABALLO RESORT

+The Property
Richard Noble are proud to offer the iconic El Caballo Blanco Resort that was developed in the early 1970’s by well known business identity, Mr Ray Williams. Ray Williams developed the Spanish themed resort to be family friendly and to showcase the stunning Andalusian “dancing” horses. The Resort hosted daily dancing horse shows and large numbers of visitors of all ages. Whilst the resort languished following Mr Williams’ death, the current owner purchased the property nearly 13 years ago and set about reinstating the dancing horse shows with performance stallions imported from Spain and a team of locally trained dancing horses. The dancing horse shows no longer feature from the Resort.

Situated on the property is a fully functional, resort facility providing 40 accommodation units, bar facilities, reception facilities and recreational facilities as described in the improvements description below.

This property also offers a great opportunity for prospective purchasers to establish a small boutique resort facility or provide facilities catering to conferences and wedding receptions with the resort being located close to Perth but far enough away for privacy.

Having been developed initially as a tourist Resort, this sale presents as an opportunity to consider alternate uses for the property in converting the existing facilities and residential accommodation. Examples of alternate uses are community purposes, training, rehabilitation and spa and wellness retreat. Some of these new uses would be subject to council approval but the zoning provides great flexibility.

+Location
Nestled in the heart of the Avon Valley, 30 minutes easy drive from Midland and only 35 minutes from the airports, the subject property is located 60 kilometres north east of Perth and approximately 40 kilometres from Midland with Northam being located approximately 30 kilometres east.

More specifically the property is located on the northern side of the Great Eastern Highway approximately 9 kilometres east of The Lakes turn off.

The subject property has Great Eastern Highway on its southern boundary, Bodeguero Drive to the east, and the El Caballo Golf Course to the north which separates the subject property from the El Caballo Lifestyle Village and proposed Survey Subdivision to the north.

+Title Particulars
Lots 1 – 35 inclusive on Strata Plan 49035 Volume 2637 Folios 301 to 335 inclusive

We understand that this strata plan has the potential to be terminated prior to settlement being effected and on this basis could to be offered to a buyer as a single freehold Certificate of Title.

+Encumbrances

1.Interests notified on the Strata Plan and any amendments to lots or common property notified thereon by virtue of the provisions of the Strata Titles Act No. 33 of 1985 as amended.

2.F012347 Easement burden see Deposited Plan 39712 registered 14/10/1992.

+Town Planning
The property is zoned Tourist under Shire of Northam Local Planning Scheme No. 6.

Permitted uses (“P”) under this scheme include Art Gallery, Holiday Accommodation, Public Utility.

Discretionary uses (“D”) under this scheme include Amusement Parlour, Betting Agency, Boarding House, Caravan Park, Caretakers Dwelling, Club Premises, Community Purpose, Convenience Store, Dry Cleaning, Educational Establishment, Family Day Care, Fast Food Outlet, Garden Centre, Health Studio, Holiday Accommodation, Industry Cottage, Motel, Reception Centre, Residential – Holiday Home, Restaurant, Telecommunications Infrastructure,

Uses able to be approved by the shire following consultation (“A”) include Brewery, Carpark, Childcare Premises, Cinema/Theatre, Convenience Store, Equestrian Activity, Hotel, Market, Museum, Nightclub, Produce Stall, Recreation – Private, Small Bar, Tavern, Winery, Workers Accommodation.

We understand that there are no current town planning approvals affecting this property.

+Liquor Licence
The Resort holds a full Hotel Licence which can be provided to a prospective buyer upon completion of a Non Disclosure Agreement.
+Current Improvements
The Resort property is substantially improved with brick and tile construction throughout. Due to the extensive improvements we have listed them below and separated them between internal and external improvements:

Internal – Building One – Main Resort

  • Reception and Lobby with three (3) separate offices
  • 38 self contained single level motel units (mix of doubles, twins and triples)
  • 2 self contained two level townhouse style units (3 bedroom, 2 bathroom)
  • Tapas Bar with flexible seating for 50 (or standing for 75) with bifold doors opening to covered and paved outdoor garden area
  • Whispering Room with cathedral style ceilings seats 40 – alternates from private dining room to buffet servery
  • Bodeguero banquet room with large bar – seats 300
  • Flamenco function room with elevated stage and cinema style screen and overhead projector – seats 200
  • Cocktail Bar with feature open fireplace
  • Sunset Restaurant – seats 100
  • Male toilet block including disabled x 2
  • Female toilet block including disabled x 2
  • Fully equipped Commercial Kitchen x 2
  • Ex retail/mini supermarket space of approximately 250 sqm – now used for storage
  • Staff amenities area including showers, toilets, change room and staff lunch room
  • First floor apartment with three bedrooms, own bathroom and toilet facilities

Internal – Building Two – Wellness Centre

  • Reception area, waiting and lobby
  • 3 treatment rooms
  • Large indoor spa and sauna
  • Separate male and female amenities include showers and change rooms
  • Air conditioned

Internal – Building Three – Gymnasium & Fitness Centre

  • Open plan area fitted with gymnasium and fitness equipment
  • Air conditioned

External – Entertainment Areas

  • Turfed and floodlit amphitheatre with elevated stage, under-stage storage and dressing room and mosh pit –   capacity for 2,500
  • Performance arena with professional surface – fully floodlit with flagpoles and integrated sound system – seating for 1,200
  • Presidential box upstairs for viewing over performance arena – airconditioned – seats 30
  • Freestanding brick and tile barn complex with 5 stallion stables, 2 store areas + 22 covered horse stalls

External – Recreation Areas

  • 18 hole mini golf complex
  • 3 tennis courts
  • Outdoor swimming pool and spa with pergola (capacity 40)– fully fenced

General Improvements

  • Fully landscaped and reticulated gardens
  • Hot mix asphalt lined and kerbed car parks – total 84 public car bays + loading bays + extensive additional overflow parking available to the east on additional land forming part of this Resort property
  • Extensive outdoor paved areas
  • Perimeter steel 2100 mm cyclone boundary fencing
  • Well presented brick and iron entry statement from highway with slip lane
  • Extensive roof mounted solar panelling providing a 40kw system generating approx. 60,000 units of power per annum and providing substantial savings to power bills

We acknowledge the current owner has undertaken substantial upgrades to much of the infrastructure and improvements within this property during the 13 years of their ownership.

+Current Services
Property is fully serviced with scheme water, power (sourced from both Western Power and substantial self generated solar), telephone. The Resort is currently connected to the lifestyle village fibre optics via a 20 metre mast and the services operate “remotely”.

Expression of Interest

The properties are being sold by Expressions of Interest all in one or individual parcels with a closing date 19 April 2019 4:00 PM (WST).

Expressions are to be lodged at the offices of Richard Noble & Company at Level 1, 189 Hay Street, Subiaco, or by email to plilburne@rnoble.com.au with subject reading “Expressions of Interest 51 Jocoso Rise, Wundowie and or 3349 Great Eastern Highway Wundowie”.

Sales Representative
Patrick Lilburne
plilburne@rnolbe.com.au
0418 924 443

Further Details
Richard Noble & Company
Level 1, 189 Hay Street
Subiaco WA 6008
(08) 9380 3800

+Disclaimer

This page has been prepared by Richard Noble & Company (exclusive selling agent) and is solely for the information of potential buyers to assist them in deciding whether they are significantly interested in the property offered for sale to proceed with further investigations of the property on their own. Information contained herein does not constitute all or any part of any offer or contract of sale and is intended as a guide only.
The agent has prepared the information contained in the report and potential buyers should take note that any costings or areas contained within the report are based on figures provided to the agent by other parties and have not been independently verified. Any projections contained in the report therefore represent best estimates only and may be based on assumptions that, while reasonable, may not be correct.
If a projection has been made in respect of potential net income, such projection is an estimate and represents only one possible result, depending on the assumptions made. Potential buyers, should therefore, satisfy themselves as to the market assumptions and make their own judgement as to the likely outcome.
Potential buyers should not rely on any material contained in this report as a statement or representation of fact, but should satisfy themselves as to the correctness by such independent investigations as they or their legal or financial advisor’s see fit.
Any statements contained in this property report which are forecasts or predictions as to the likely state of property or rental markets in Perth in the future, are based on information available to the agent through various research sources. Whilst all care has been taken to ensure that information is accurate and conclusions drawn are reasonable, no warranty is given as to those conclusions or as to any forecast or prediction, nor does the seller accept liability for them. The buyer must make its own assessment as to the likely future of property and rental markets in Western Australia and as to the impact that it is likely to have on this property.