Reiwa Reiwa
83 Peel Terrace, Busselton WA 6280

83 Peel Terrace, Busselton WA 6280

Sold price: $1,070,000
Sold
Sold: 16 Feb 2026

4 Bedrooms

1 Bathroom

2 Cars

Landsize 1,026m2

House

Contact the agent

Aidan Fraser

0437195730

LJ Hooker Property South West WA


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

Nearby schools

St Mary Mackillop College Combined Non-government 2.3km
Busselton Senior High School Secondary Government 2.5km
Geographe Primary School Primary Government 2.6km
Geographe Education Support Centre Combined Specialist 2.6km
Busselton Primary School Primary Government 2.7km
Georgiana Molloy Anglican School Combined Non-government 3.0km
Cornerstone Christian College Ltd Combined Non-government 3.3km
West Busselton Primary School Primary Government 3.4km
Vasse Primary School Primary Government 10.0km
Cape Naturaliste College Secondary Government 10.3km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4994738