42 Seymour Street, West Busselton WA
$875,000 + GST
Land/Development / commercial
1 sqm
5607 sqm
AGENT INFORMATION
- Tony Goudas
- DIRECTOR ASSET SALES
- 08 9386 9981
- 0418 923 251
Property Description
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 - 5,607quare 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The approval is no longer valid having expired 26 June 2013.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 realisable 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 arrange an inspection, please contact us today.
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