1 Frances Road,
Gelorup, WA 6230
Other
Price information
Sold
$800,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 1 Frances Road
Commercial Investment Opportunity
This property is very well located on the corner of Bussell Highway and Frances Road in Gelorup The property is currently part way through a 3-year lease with 2 further options to renew for 3 years and showing a good rental return. The property is currently being used as a warehouse for a laundry business that has been operating from the premises for over 15 years. The buildings are approximately 850sqm and the land sits on 2 lots which total 6,690sqm in size. The property sits on the edge of a new residential subdivision and operates under a non-conforming use. Access to the property is from two large gates at the rear and side of the property which allows for easy access and departure of vehicles to the passing highway.
The passing traffic from this property is incredible and offers any tenant plenty of exposure and marketing opportunities to the large amounts of motorists passing.
There is a full IM available on request and completion of a confidentiality disclosure.
The passing traffic from this property is incredible and offers any tenant plenty of exposure and marketing opportunities to the large amounts of motorists passing.
There is a full IM available on request and completion of a confidentiality disclosure.
Additional information
External websites
Property ID: 503760010Last Updated: 1 Jun 2022
08 9796 84...
1 Frances Road
Gelorup, WA 6230
Elders Real Estate South West - Bunbury11 Stirling Street
BUNBURY, WA 6230
BUNBURY, WA 6230
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.