46 Bullara Rmbl, Jarrahdale WA 6124

4b farmhouse on 2.2ha | north-facing slope | established olive grove with equipment | city views | rural premium positioning This property presents a rare, turn-key rural lifestyle proposition within the Perth Hills, distinct from typical suburban blocks. Its core strength is the operational, award-winning olive grove, which transfers a developed agri-business with the house, catering specifically to buyers seeking a curated rural enterprise or a private estate with productive land. The north-facing aspect on a gentle slope optimizes sunlight and views, enhancing livability and agricultural utility. The primary risk is the illiquidity and premium pricing inherent to niche rural properties, compounded by the lack of direct sales comparables, which challenges bank valuations and may necessitate a patient sale. The commercial opportunity lies in leveraging the existing grove for value-add production or branding. For a buyer whose needs align with its specific offering, it represents a hold-and-operate asset; for others, the premium is unjustified versus standard acreage. Proceed only if the operational component is a desired feature, not an incidental burden. Recent Jarrahdale sales context: – 550 Jarrahdale Rd: 1123m², 2b/1b house, express sale. – 3 Millars Rd: 927m², 3b/1b house, sold for $799,000. – 181 Jarrahdale Rd: house sold for $2,750,000. These transactions confirm a broad price spectrum driven by land size and improvements. This property’s $1.6m ask aligns with its significant landholding (2.2ha vs. typical <0.2ha) and established business, justifying a substantial premium over standard house blocks but requiring validation against true agricultural sales.