OFF MARKET

2 Lyons Cove
Bunbury WA 6230

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1827m2
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Property Details for 2 Lyons Cove, Bunbury

Building Type
Land
Land Size
1827m2
Local Government
Bunbury
Lot/Plan
20/P023106

Last Listing description (April 2024)

HOTEL - MOTEL - SHORT STAY UNIT SITE MULTIPLE USE SITEVacant land - Image 3 is an artist impression.Bunbury is booming - Koombana Bay beach front is now re-developed, a number of high rise luxury waterfront apartments have just been completed.A new marina is proposed for the inner harbour and another marina is proposed at the Koombana Bay Sailing Club directly opposite this site. A new 4 storey "A" class office block in the Bunbury CBD has just been completed and the Bunbury Outer Ring Road or extension of the Forrest Highway is well under construction. FOR SALEOpposite the magnificent Koombana Beach perfectly located between the Bay and the Leschenault Inletand just a short stroll into the CBD, Zoning allows for Hotel - Motel - or tourist orientated accommodation up to 4 12 storey`s high on a 1827 m2 Lot with 2 street frontages. Consultation with the local Council will most likely achieve additional levels. Upper levels on this site will return views to the South West over Geographe Bay, South over the Inlet and North over Koombana Bay.100 minutes to the Perth International airport on a dual highway and 30 minutes on a dual highway to the new Busselton airport servicing interstate and future international travel. Priced at $2.900.000 plus GST

Property History for 2 Lyons Cove, Bunbury, WA 6230

A timeline of how this property has performed in the market
Last Sold
$713,636
15 Oct 2003
  • 23 Dec 2021
    Listed for Sale All Offers Invited:
  • 16 Aug 2021
    Listed for Sale $3,000,000 Plus GST
  • 09 Mar 2021
    Listed for Sale $3,000,000 + GST (if applicable)
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About Bunbury 6230

The size of Bunbury is approximately 4.6 square kilometres. It has 18 parks covering nearly 18.9% of total area. The population of Bunbury in 2011 was 3,629 people. By 2016 the population was 3,758 showing a population growth of 3.6% in the area during that time. The predominant age group in Bunbury is 50-59 years. Households in Bunbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bunbury work in a professional occupation. In 2011, 53.5% of the homes in Bunbury were owner-occupied compared with 58% in 2016.

Bunbury has 3,235 properties. Over the last 5 years, Houses in Bunbury have seen a 58.64% increase in median value, while Units have seen a 86.49% increase. As at 31 August 2024:

  • The median value for Houses in Bunbury is $681,839 while the median value for Units is $497,400.
  • Houses have a median rent of $590 while Units have a median rent of $600.
There are currently 51 properties listed for sale, and 9 properties listed for rent in Bunbury on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Bunbury.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.