UNIQUE INVESTMENT – WALK TO THE BEACH LOCATION!
A unique investment is being offered in a coveted Bunbury location.
Take advantage of the sweeping and extensive ocean views whilst being elevated in a commanding position. The potential of this acreage is endless and has the opportunity to become redeveloped – subject to council approval!
Investors take note as this is not to be overlooked. TEN units and one large family home on the site, this property lends itself to a savvy investor looking for a healthy property income stream or a developer who may want to do some updating on the current dwellings.
This kind of opportunity does not come to market often and includes a four bed & two bathroom main home, 6 x one bedroom units and 4 x two bedroom units. You could renovate the units to increase your income or gut them and reconfigure the current structure.
The potential of this property is endless and is situated on approximately 1.5 acres (6070m2) in a central location, all on one title and Zoned R60. Sensationally positioned just a short stroll from the CBD, back beach and atop an elevated perch. You'll also benefit from being close to leafy parks, quality cafes and being in a desirable school catchment zone for Bunbury Senior High.
MAIN HOUSE FEATURES:
Open plan living and dining area
Large kitchen with plenty of space
Master bedroom features walk in robes, store room and ensuite bathroom
Three sizable secondary bedrooms, one has walk in robe
Large bathroom & laundry
Sun room with views over the beach
Front balcony views over the Beach, Pioneer Park and Bunbury CBD
UNIT FEATURES:
6 x one bedroom units
4 x two bedroom units
All units are currently tenanted
Communal wash house
2 bay garage and a large shed
This one of a kind purchase is rarely seen and won't come around again for years to come. For more information or to arrange a private viewing call exclusive selling agent Tim Cooper!
Drone video - https://www.youtube.com/watch?v=0HQAcylvy4M
Property features
Property snapshot by reiwa.com
This Bunbury property is a eighteen bedroom, eleven bathroom unit sold by Team Tim Cooper at Summit Realty South West on 06 Jun 2021.
Looking to buy a similar property in the area? View other eighteen bedroom properties for sale in Bunbury or see other recently sold properties in Bunbury.
Cost breakdown
-
Council rates: $18,682 / year
-
Water rates: $2,770 / year
Bunbury overview
Are you interested in buying, renting or investing in Bunbury? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Bunbury offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.
Bunbury quick stats
High end
$1.0m
Median
$760k
Low end
$545k
10.5 %
Annual growth
$760k
Annual median sales price
$630pw
Annual median rental price
