One of the last remaining large development sites in the Bunbury City Centre — a 3,216sqm corner landholding at the gateway to the city's biggest-ever waterfront transformation.
Positioned between the buzzing Marlston Waterfront and the Bunbury CBD, this 3,216sqm corner site offers triple street frontage and high-profile exposure — approximately 75.19 metres along Casuarina Drive.
Zoned 'Regional Centre', the site is flexible and future-ready — suited to mixed-use residential, commercial, office, retail, or tourism-focused development (STCA). It fronts the next major wave of public and private investment as part of the $112.5 million Transforming Bunbury's Waterfront initiative, sitting at the gateway of Stage 3 where new marinas, upgraded marine infrastructure and vibrant public spaces will redefine the city's coastal identity.
Indicative outline only — not to scale. Refer to Certificate of Title (Vol 2111, Folio 224) and Diagram 93342 for accurate dimensions. Depth limit 12.19m from natural surface.
| Address | 36 Casuarina Drive, Bunbury WA 6230 |
| Land Area | 3,216sqm (approx.) |
| Land Description | Lot 222 on Diagram 93342 |
| Certificate of Title | Volume 2111, Folio 224 |
| Registered Proprietor | Coastroad Development Co Pty Ltd |
| Zoning | Regional Centre — City of Bunbury |
| Street Frontages | Casuarina Drive (75.19m), Wollaston Street (42.27m), Abrahamson Mews |
| Council Rates | $5,857 p.a. (approx.) |
| Local Authority | City of Bunbury |
| Sale Method | For Sale — all genuine enquiries invited |
The $112.5 million Transforming Bunbury's Waterfront program is rebuilding the Casuarina Boat Harbour and foreshore — directly opposite this site. Stage 3 begins at your boundary.
Bunbury is in the middle of a coordinated public and private investment cycle. Three headline projects sit within walking distance of 36 Casuarina Drive.
A State Government-led redevelopment of the Casuarina Boat Harbour and city foreshore — new marinas, upgraded marine infrastructure, boat ramps and public spaces. The new 460-metre northern breakwater is complete, dredging and foreshore works are progressing, and this site sits at the gateway of Stage 3.
A 12-storey, 250-room luxury hotel approved by the City of Bunbury for Lot 3 Blair Street — with two ground-floor restaurants, a rooftop bar and restaurant, and a day spa. Six years in the making; development application lodged and approved through 2026.
A new civic heart within the waterfront precinct — inner-city living, water play, retail and dining, and the restoration of the heritage railway station building. Designed as a setting for events, festivals and everyday city life, drawing people to the exact end of town this site occupies.
Bunbury is Western Australia's second largest city and the administrative, retail and services hub of the South West — a region anchored by ports, agriculture, resources and a fast-growing lifestyle population.
Large, cleared, flexibly-zoned landholdings in the city centre are effectively finished. This is one of the last sites of its scale — future supply will come from consolidation and demolition, at a very different cost base.
The Bunbury market is shifting. Lifestyle and location are front and centre, driving demand for inner-city living, short-stay accommodation and hospitality — exactly the uses this zoning supports.
Private capital that positions ahead of committed public infrastructure historically captures the uplift. The waterfront works are funded and underway — not proposed. The de-risking has been done at the state level.
Commercial land is financed differently to residential property. These are the most common structures buyers use for a site like this — worth understanding before you enquire.
Bank and non-bank lenders typically fund vacant commercial land at lower LVRs than housing — commonly 50–70% — assessed on the strength of the borrower and the exit strategy. Terms are shorter and often interest-only through the holding period.
If you're buying to build, land acquisition can be rolled into a construction facility — released in stages against approvals, pre-sales or pre-leases. Getting a DA in place materially improves the terms lenders will offer.
A site of this scale suits landowner-plus-builder joint ventures or a private syndicate structure — pooling capital across a small group of investors, with the land held in a unit trust or company. Common for regional development plays.
Commercial land can be held within a self-managed super fund (subject to strict rules around borrowing and development). Some buyers simply land bank — securing the site now and holding while the waterfront works complete around it.
General information only — not financial, legal or taxation advice. Lending criteria, structures and superannuation rules vary. Obtain independent advice from a qualified finance broker, accountant or legal adviser before acting.
Serious buyers move fast because they know what to check. Here's the sequence experienced developers follow on a site like this — I can assist with introductions and documentation at every step.
Review the Certificate of Title (Vol 2111, Folio 224) and Diagram 93342. Note the title is limited in depth to 12.19 metres from the natural surface.
Confirm 'Regional Centre' provisions, permitted uses, plot ratio and height controls directly with the City of Bunbury. Pre-lodgement meetings are available and recommended before commissioning a feasibility.
Verify power, water, sewer and telecommunications capacity at the boundary — a CBD location typically means services are at or near the lot. A CBD-adjacent site like this is serviced.
Commission geotechnical and contamination assessments appropriate to your intended use, as you would for any city-centre development site.
Model your highest-and-best-use scenarios against current construction costs and the demand outlook created by the surrounding public investment. I can provide comparable land sales on request.
Information Memorandum, title documents and further particulars available on request. Site inspections welcome by appointment.