4/119 Bussell Highway,
Margaret River, WA 6285
Shops & Retail
Price information
Sale
$2.3 million
Key property information
Land area
Floor area
Car spaces
Parking info
Zoning
Tenure type
Return
Private inspections
to arrange a private inspection.
Map of 4/119 Bussell Highway
Bus stops within 5 km of 4/119 Bussell Highway, Margaret River, WA 6285 Distance Charles West Av Margaret River 116 m POWERED BY HERE ©
POWERED BY HERE ©
Main Street Margaret River
SHOP 4/119 BUSSELL HIGHWAY, MARGARET RIVER (WESTPAC BANK)
Securely leased to Westpac Bank until June 30 2026, with two x three year options.
This freehold strata titled property comprises 243m2 (Banking Chamber), plus four secure undercover parking bays and two uncovered bays on level one.
The complex has customer parking on level one accessed from Willmott Avenue.
Details:
Lot 4 on Strata Plan 52194
Total Area 330m2 including six dedicated parking bays
Situated in the complex opposite Margaret River Hotel (currently under re-development)
The intersection of Bussell Highway and Willmott Avenue is the Commercial/Retail hub of Margaret River.
Based on the asking price of $2.3 million (sold as a going concern) the property is showing a net return of 6.21%with fixed annual rental increases of 3.5%. Annual rent $142,830 + GST + Outgoings.
For further details contact John Reid or Michelle Pownall.
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628
Securely leased to Westpac Bank until June 30 2026, with two x three year options.
This freehold strata titled property comprises 243m2 (Banking Chamber), plus four secure undercover parking bays and two uncovered bays on level one.
The complex has customer parking on level one accessed from Willmott Avenue.
Details:
Lot 4 on Strata Plan 52194
Total Area 330m2 including six dedicated parking bays
Situated in the complex opposite Margaret River Hotel (currently under re-development)
The intersection of Bussell Highway and Willmott Avenue is the Commercial/Retail hub of Margaret River.
Based on the asking price of $2.3 million (sold as a going concern) the property is showing a net return of 6.21%with fixed annual rental increases of 3.5%. Annual rent $142,830 + GST + Outgoings.
For further details contact John Reid or Michelle Pownall.
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628
Additional information
External websites
Property ID: 504352156Last Updated: 21 Jun 2024
4/119 Bussell Highway
Margaret River, WA 6285
Ray White Stocker Preston - DunsboroughShop 9 Dunsborough Centrepoint
DUNSBOROUGH, WA 6281
DUNSBOROUGH, WA 6281
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$797,500 incl GST
25 Hasluck Street,Cowaramup, WA 6284 1654 m²Development Sites & Land • Shops & Retail • Hotel, Motel & Leisure