Outstanding town centre 706m2 block zoned R80 providing a potential 5 unit site with 12m height limit plus existing comfortable 4 bedroom 2 bathroom home providing a steady rental return. Enjoying a prime location on the edge of the Dunsborough CBD as well as only minutes’ walk to the turquoise waters of stunning Geographe Bay, this property represents a fantastic opportunity to secure a premium development lot. Identified under the Local Planning Scheme as having ‘Additional Uses’ means this property has potential to expand into both commercial and residential uses. Suggested uses include guesthouse, medical centre, office/consulting rooms, restaurant/café/shop plus tourist accommodation. Buy now and collect a rental income while planning to maximise the many options of redevelopment on offer.