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
assignmentLooking for more information on 83 Peel Terrace?
Explore comparables, sales history and growth for this property.
Aidan was super easy to communicate with throughout the process of purchasing a property, from my letter of offer all the way to settlement. Honest and open I felt as though had my best interests at the forefront.