Sold
83 Peel Terrace, Busselton WA 6280
Sold price: $1,070,000
Sold: 16 Feb 2026
Sold
-
4 Bedrooms
-
1 Bathroom
-
2 Cars
-
Landsize 1,026m2
House
View
Prime Development Opportunity with Immediate Income
Positioned on a generous 1026sqm R30-zoned lot, this four-bedroom, one-bathroom property presents an outstanding opportunity for developers and astute buyers alike. Offering a solid rental return in its current form with a current lease in place, the home provides holding income while you plan and prepare for future redevelopment.
The north-facing backyard enhances livability and long-term design potential, while the location truly sets this property apart — less than 500 metres to the town centre and under 900 metres to the pristine shores of Geographe Bay. Opportunities in such a tightly held and highly desirable pocket are increasingly rare.
With zoning that may allow for the potential development of up to three dwellings (subject to relevant approvals), this is a genuine “no-brainer” for those looking to maximise land value and future income streams.
Whether you’re a developer, investor, or forward-thinking buyer, this is a property that delivers location, land size, and long-term upside in one compelling package.
Call Aidan Fraser Today On - 0437 195 730
Property features
-
Garages
2
-
Floor area
133m2
Property snapshot by reiwa.com
This property at 83 Peel Terrace, Busselton is a four bedroom, one bathroom house sold by Aidan Fraser at LJ Hooker Property South West WA on 16 Feb 2026.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Busselton or see other recently sold properties in Busselton.
Nearby schools
Busselton overview
Busselton is a city located 220 kilometres south-west of Perth and was one of the earliest settlements in Western Australia. The Busselton area was named in honour, an early and notable family of pioneers who were the first settlers in the area in 1832, however the name officially used in June 1835. It is believed that the Bussells were not consulted about the name and preferred the name Capel after a relative in England, Capel Carter, but the name Busselton was retained.
Life in Busselton
The main economic focus in Busselton has gradually shifted from agriculture to tourism which has grown the district significantly over the years. Not only is Busselton blessed with a beautiful waterfront including calm, white-sand beaches, superb whale watching and a lively foreshore with beachside cycle paths, it also has a buzzing cultural hub with a great food and wine scene.
Busselton is also home to the Busselton Jetty which stretches 1,841 metres out to sea and is the longest wooden jetty in the southern hemisphere. At the end of the jetty there is a world class ‘Underwater Observatory’ which descends eight metres to the ocean floor via a spiral staircase to display an awe inspiring forest of vividly coloured tropical and sub-tropical corals, sponges, fish and invertebrates.
Busselton quick stats
High end
$1.2m
Median
$960k
Low end
$835k
20.1 %
Annual growth
$960k
Annual median sales price
$750pw
Annual median rental price
