11/09/2001 - 22:00

Landmark Bunbury resort on the market

11/09/2001 - 22:00


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THE landmark Lighthouse Beach Resort in Bunbury has been put up for sale with the retirement of Kozyrski family patriarch, Roman Kozyrski.

Landmark Bunbury resort on the market
THE landmark Lighthouse Beach Resort in Bunbury has been put up for sale with the retirement of Kozyrski family patriarch, Roman Kozyrski.

Asking price for the South West getaway has been set at $4.6 million and, according to The Professionals Southern Districts commercial sales agent Kevin Coote, several potential buyers have expressed their interest.

The announcement of Mr Kozyrski’s retirement comes just 10 months after a $30 million resort redevelopment was approved by the Bunbury City Council.

At present the resort consists of 70 motel rooms, but multi-million plans for the site include 81 self-contained beach-front apartments, two pool areas, a new bar and restaurant and a gymnasium.

The development would be made up of 21 single bedroom apartments, 36 two-bedroom apartments, 16 three-bedroom apartments and eight penthouses.

Under these plans, 32 motel rooms and a portion of the resort car park would be demolished to make way for the four-storey apartment complex. The eastern portion of the site, presently undeveloped, also would be taken up by the project.

A rezoning application currently before the city council also would allow half of the apartments to be sold as permanent residences.

“The final prices for the apartments will depend on the final design, however I would estimate a double apartment could be sold from somewhere between $250,000 and $400,000,” Mr Coote said.

“The residential apartments would have views of the City of Bunbury and Koombana Bay that could not be built out … short-stay apartments would overlook the ocean.”

The original resort was built in 1974 by Mr Kozyrski and has been regularly upgraded.

In recent years the family spent $750,000 renovating the reception area and several rooms.

Lighthouse Beach Resort is now managed by Mr Kozyrski’s son, Edward, who was unavailable for comment. It is unsure whether he will stay on as manager of the resort. Mr Coote said the project was ideally placed to take advantage of increasing tourist numbers and Bunbury’s growing population.

“Bunbury is the major growth area outside the Perth metropolitan area … and the demand to live in this area will continue to grow with the number of projects planned,” he said.

A planned chipping mill, power station and alumina refinery expansion would also bring more residents to the area.

“A lot of people also use Bunbury as a base for their south west operations … they come down here and stay in the city while they visit their companies and businesses in the south west,” Mr Coote said.


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