Koombana North precinct ready to be developedSeptember 21 2016
Civil works have been completed at Bunbury Waterfront’s latest precinct, Koombana North.
Lands Minister, Terry Redman announced on Friday that civil works had been completed at the site. Koombana North will be the third Bunbury Waterfront precinct to have been developed by LandCorp over the past 16 years.
Mr Redman, who was in Bunbury to inspect the project, said with works now completed, the developer could begin construction on it’s waterfront lots.
The landmark 12,945sqm site will feature a six-storey multi-use complex with 14 apartments on the upper levels and an alfresco cafe, retail and office space on the ground floor.
“The creation of the five Koombana North lots will generate economic growth through private development of residential and commercial properties,” the Minister said.
“Investment in the Bunbury Waterfront, both public and private, has been a major contributor to employment through short-term contracts and long-term job opportunities. At Koombana North, civil works generated employment for 120 workers and sub-contractors.
“Koombana North is situated on one of the most unique foreshore sites in Western Australia with views over three bodies of water. Once complete, it will offer an impressive entry statement on Koombana Drive as the northern gateway into Bunbury’s CBD.”
The remaining three lots will be made available to market at a later date.
“The Bunbury Waterfront area was tired and barren from its previous days as an industrial and fuel storage site,” Mr Redman said.
“In less than two decades, the Bunbury waterfront area has become one of the South-West’s prime locations and an active community and visitor destination.”
The State Government’s commitment to the redevelopment of the Bunbury Waterfront began 15 years ago with LandCorp’s delivery of the Marlston Hill precinct, followed by the Marlston Waterfront precinct.