$875,000 + GST

POTENTIAL FOR 19 SURVEY STRATA LOTS

Twice voted Western Australia's top tourism town, Busselton is located some 220 kilometres South West of Perth.

Recognised as being the gateway to the Margaret River Wine Region, Busselton has been one of the fastest growing regions in Australia in the last decade with a population exceeding 31,000 people. It is estimated that visitors increase this to over 60,000 on any one day during peak tourism periods.

The land is a irregular shaped corner lot having the following dimensions:

Frontage to Seymour Street - 70.93 metres

Truncation - 8.53 metres

Frontage to Abbey Street - 57.50 metres

Land Area - 5,607 square metres

Busselton is no longer viewed as just a popular holiday destination attracting retirees and holiday makers.

It is a thriving City with a growing residential base, as evidenced by current building activity taking place.

DEVELOPMENT APPROVAL

The Western Australian Planning Commission granted Conditional Development Approval for 19 Survey-Strata Lots on 26 June 2009.

The approval is no longer valid having expired 26 June 2013.

The above approvals were conditional upon the restoration and conservation of the heritage listed building known as Phoebe Abbey's House.

On conversion to a habitable home, Phoebe Abbey House will become a realizable asset.

In consideration of the restoration of Phoebe Abbey's House, Council granted significant density bonuses and setback allowances. Council remain positive and supportive of any comparable development application and will consider similar incentives to encourage same.

A DEVELOPERS DREAM- NOT TO BE MISSED

A detailed Information Memorandum is available on request contact Tony Goudas on 0418 923 251

For more information or to , please contact us today.