1/36 Station Road,
Margaret River, WA 6285
Shops & Retail
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An impressive building in a central location in Margaret River's secondary retail and main service commercial area. The stylish building has excellent street presence and good parking facilities.
The purpose built Beauty Spa has been operating since 2006, with the present lease running to 2019 with 2 x 3 year options.
The upper storey has a 2 bedroom apartment which is presently tenanted on a periodic tenancy for $325/week. The modern well appointed accommodation, and central location of the property, will ensure the ongoing tenancy.
On the Asking Price of $650,000 the gross annual rental return of $48,100pa equates to a 7.4% return on investment.
The purpose built Beauty Spa has been operating since 2006, with the present lease running to 2019 with 2 x 3 year options.
The upper storey has a 2 bedroom apartment which is presently tenanted on a periodic tenancy for $325/week. The modern well appointed accommodation, and central location of the property, will ensure the ongoing tenancy.
On the Asking Price of $650,000 the gross annual rental return of $48,100pa equates to a 7.4% return on investment.
Property ID: 501127355Last Updated: 10 Mar 2015
08 9780 57...
1/36 Station Road
Margaret River, WA 6285
Ray White Stocker Preston - Margaret River128 Bussell Highway
MARGARET RIVER, WA 6285
MARGARET RIVER, WA 6285
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