Point Fraser (Boodjargabbeelup) We've walked the loop around the bridges a number of times but have never really stopped to take in the beauty of Lake Vasto, Ozone Reserve and Point Fraser. Point Fraser Foreshore Reserve can be accessed off Riverside Drive. Paid parking is available here and services both the recreational side of Point Fraser as well as the waterfront dining and entertainment at On the Point. You can also park here to explore Ozone Reserve and Lake Vasto on