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136 Pead Road

Binningup, WA 6233, Australia
$2.20m
8 bed 5 bath 2 car

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Area Price Guide
$2.07m$2.33m

Indicative price guide range

🏘️
9
Comparable
📊
$299,000
Area median
⚖️
+636%
vs median
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

A rare opportunity to secure one of the most established and fertile rural properties on the coastal plains of Western Australia. Originally known as 'Myalup Farm', the namesake of the region, and first established in 1846 by Sir William Bunbury, this exceptional holding represents one of the longest continuously farmed properties in the State. Comprising approximately 150 acres the property combines scale, history and outstanding productivity, with all major infrastructure already in place. Currently operated as the highly regarded thoroughbred operator, Geisel Park Stud, the holding is equally suited to equine pursuits, fat lamb production, sheep grazing or mixed farming, with the added benefit of being capable of full self-sustainability through on-farm hay production. ________________________________________ Property Overview 136 Pead Road (approx. 146 acres) Core operational hub of the property Fully established paddocks, including shelters and retic outlets Extensive equine and farming infrastructure in place Infrastructure & Improvements Purpose-built 52m x 14m stable complex with wash bay, prepping yards, bathroom facilities and staff room 18 day yards, each with shelters Dedicated stallion stables and day paddocks for 4 x Stallions with separate Servicing Barn Fully fenced with Equimesh boundary fencing and divided into 27 paddocks with mainly Horserail internal fencing. Property divided internally into 5 sections with Equimesh (for sheep) Multiple machinery sheds and hay storage facilities Established internal road network Extensive irrigation infrastructure, power supply and water systems Single and three-phase solar powered farm ________________________________________ Water & Productivity 240,000kL irrigation water licence (transferable, subject to approval) Highly fertile soils regarded among the best on WA's coastal plains - former Dairy Farm Proven performance as a fat lamb production property Year-round green feed supporting high stocking rates Capability for hay production, enabling self-sufficient farming operations ________________________________________ Walk In, Walk Out Opportunity - Excluding Bloodstock All the hard work has been done, offering a genuine turnkey operation with optional inclusion of high spec farming and operational machinery. (Available by negotiation) ________________________________________ Heritage Significance Originally established in 1846 by Sir William Bunbury Historically known as 'Myalup Farm', the first farm in the area Includes remains of the heritage-listed 'Pead's Cottage', reflecting the rich agricultural history of the region ________________________________________ Why This Property Stands Apart One of the oldest continuously farmed holdings in Western Australia Exceptional scale, infrastructure and water security Flexible use across equine, sheep and mixed farming enterprises Rare opportunity to secure a landmark rural asset ________________________________________ ACCOMMODATION Owner's Residence Set within a picturesque rural Binningup landscape, this substantial residence has been thoughtfully designed for family living and entertaining. Downstairs features three queen-sized bedrooms, each with double built-in robes and ceiling fans, complemented by quality timber flooring throughout. Two well-appointed bathrooms (including one with bathtub) and two toilets provide practicality for family living. A dedicated home theatre with French doors offers a private retreat, while a generous laundry provides direct access to both the garage and outdoors. Upstairs is the heart of the home, showcasing a vast open-plan living and dining area with vaulted ceilings, plantation shutters and sweeping views across the property. The well-equipped kitchen includes twin ovens, double fridge recess, gas cooktop with wok burner, dishwasher and stainless steel appliances. The upper level also hosts a private master suite complete with king-sized bedroom, walk-in robe, balcony access and a spacious ensuite with twin vanity. A separate WC, accessible from both the suite and hallway, adds further functionality. A wraparound balcony captures the tranquil rural surrounds and provides seamless indoor-outdoor living. Farm Manager's Residence Two living areas plus expansive outdoor entertaining overlooking enclosed yard and wide verandas Renovated and updated throughout Large kitchen with dishwasher Four spacious bedrooms with robes and split system air conditioning Two bathrooms, powder room and separate laundry Donger Accommodation for Farmhands Multiple accommodation units with a mix of bedroom, living, kitchen and bathroom facilities Central outdoor communal area Air conditioning throughout all dongers ________________________________________ Additional Opportunity: Also available is Lot 102 Runnymede Road (approx. 100 acres) Entry from Runnymede Road Currently undeveloped with no structural improvements, other than paddocks & stock watering Ideal for grazing, cropping, or future expansion (STCA) ________________________________________ A tightly held rural asset of this calibre is seldom offered to the market. Whether expanding an existing enterprise or seeking a premium, turnkey farming operation, this landmark property presents an outstanding long-term investment opportunity. Inspection by appointment - contact us today for further details.

Property Features

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    Repayment calculator

    $10,666/month
    $5,333 /fortnight
    Loan $1,760,000 at 6.10% over 30 years

    Upfront costs

    Deposit$440,000
    Stamp duty$104,416
    Conveyancing (est.)$2,000
    Total upfront$546,416
    Verify with WA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    8
    Bathrooms
    5
    Parking
    2
    Listed
    1 month ago

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