House Busselton (Australia) Price: 2,100,000 to 5,400,000 $ USD

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Bedrooms 4  Bathroom 1  Land 2 024 m²

Welcome to 11 & 13 Adelaide Street, where a unique opportunity awaits to own a slice of Busselton's rich history embodied in Bovell's Cottage, a heritage-listed gem. Situated within the Regional Zoning precinct, this property presents a prime location for both commercial and residential development, reflecting the evolving essence of city life in Busselton. With its strategic position just 300 meters from Geographe Bay, the bustling CBD, and boasting a total size of 2024m2, seize the chance to take advantage of this unparalleled offering.Property Features:Bovell's Cottage, a timeless piece of Busselton's history dating back to circa 1882. Once the residence of Joseph Bovell, a pioneering figure in the South West region, this heritage-listed limestone building holds a significant place in the area's heritage. The cottage, originally boasting five rooms, has witnessed generations of history, passing through the hands of notable individuals such as Thomas Prosser and Elizabeth Jarvis.Admire the Victorian Georgian architectural style, characterized by steeply pitched roofs, original She oak shingles, and ornate arches adorning the sweeping hallway. Inside, discover the charm of high decorative ceilings, original fireplaces, and period timber floors, all meticulously preserved to maintain the authenticity of the era.Since its renovation in 1990, the cottage has been repurposed as office space, featuring four large consulting rooms, an attic refurbished into a boardroom, and modern amenities like a small kitchenette and toilet facilities. With its Regional Zoning designation, the property offers immense potential for development, allowing for the addition of retail and office spaces on the ground level, with residential units above.Development:Bovell's Cottage, nestled within the Regional Centre zoning, offers a unique blend of historical charm and modern development opportunities. With a sizable 2024m2 lot, potential for subdivision and a prime position in the Adelaide Street Precinct, it suits both residential and commercial ventures. Retaining its historic structure while allowing for additions, it seamlessly merges authenticity with contemporary living. Ground-floor retail and office spaces, paired with residential units above, promise captivating views and a dynamic urban lifestyle. 11 Adelaide Street stands alone on 1012m2, allowing for subdivision into three 300m2 lots or two 450m2 lots. Recognized as a savvy investment, this property offers ample opportunities for developers, aligning perfectly with Busselton's shift towards inner-city living.Development in Summary:Regional Centre Zoning: Bovell's Cottage benefits from Regional Centre zoning, allowing for a mix of business and residential use within the special character area of Adelaide Street, as depicted in the accompanying Intra Maps picture.Large Lot Size: With a generous 2024m2 overall lot size, including the potential for sub-division of 11 Adelaide Street into two or three lots, this property offers ample space for diverse development opportunities.Versatile Block: Positioned within the Adelaide Street Precinct, the 2024m2 overall block presents endless possibilities for residential or commercial developments, catering to the evolving needs of Busselton's urban landscape.Subdivision Potential: 11 Adelaide Street stands as a standalone proposition, boasting a total block size of 1012m2. With the potential to subdivide into three approximately 300m2 lots or two approximately 450m2 lots, this parcel offers flexibility and versatility for developers.Retention and Expansion: The existing building structure offers the opportunity for retention with scope for additions, allowing developers to blend historical charm with modern amenities seamlessly.Commercial and Residential Opportunities: Ground-level retail and office spaces, coupled with residential units above, promise a dynamic urban living experience with the potential for stunning views, catering to the growing demand for inner-city living.Astute Investment: With significant options for developers and a notable shift towards inner-city living, investing in Bovell's Cottage presents a strategic and astute opportunity to capitalize on the burgeoning growth and development in Busselton's vibrant city centre.*Should you have any development or planning queries in relation to this matter, please contact Planning Services on 9781 1731 or email [email protected]. ** For any Heritage matters or concerns, please contact the Heritage Council direct E: [email protected]: www.dplh.wa.gov.au