The Bussleton Beach Resort has been listed for sale by local vendors exiting a long-term time share arrangement, offering an opportunity for redevelopment of the 1.7ha Marine Terrace site.
The original resort development built in the early 80’s has 208 meters of coastal frontage with four direct points to Busselton’s Geographe Bay, and is located 4km from the Busselton Jetty and Town Centre.
The resort comprises of 32 two- and three-bedroom self-contained villas with a kitchen, living and dining areas, car, caravan, and boat parking. Leisure amenities on the property include tennis, squash, basketball courts as well as a mini putting and bowling green, an outdoor heated pool and spa, and a gymnasium and sauna.
CBRE’s Ryan McGinnity and Chloe Mason and Stocker Preston’s Louis and Peter Di Chiera are managing the sale via an Expressions of Interest campaign closing 9 March 2023.
“The sale offers investors, developers, and operators the opportunity to purchase a beach side parcel of WA’s Southwest coastline. Being in an area with strong tourism fundamentals, an incoming owner will immediately benefit from operating the asset, while planning for a future refurbishment or redevelopment,” Mr McGinnity said.
The recent opening of the Margaret River-Busselton Airport linking the Southwest to the East Coast of Australia in April 2022, has further cemented the region as a global tourist destination. Jetstar currently flies two flights per week between Melbourne and Busselton, with expectations of additional routes added in future.
Mr De Chiera added, “Busselton has been identified as one of the State’s fastest growing regional Cities and has seen a significant amount of public and private investment in the last decade with major projects totaling just under $300 million, including the recently completed $120 million Busselton Health Campus, $20 million Busselton Performing Arts & Convention Centre and $35 million Busselton Central Shopping Centre Redevelopment which only further strengthens the towns appeal for locals and tourists.”
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