123 Ocean Drive & 14 Greensell Street,
Bunbury, WA 6230
Hotel, Motel & Leisure • Other
Price information
Sold
$3,020,000
Key property information
Land area
Floor area
Tenure type
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Map of 123 Ocean Drive & 14 Greensell Street
Coastal Motel with Development Opportunity
Seeking Expressions of Interest to purchase the beach front Ocean Beach Motel and the adjoining land with apartments.
Presenting a unique opportunity to acquire both a cash flow generating going concern and prime development site.
Consisting of two adjoining properties with duel street frontages and a total land holding of 3,400sqm.
The key attributes of 123 Ocean Drive and 14 Greensell Street are as follows;
123 Ocean Drive (Ocean Beach Motel)
• 15 motel units
• Land area of 2,579sqm
• 58.31 metre frontage
• Zoned Tourism R-80
• 852sqm of gross building area
• Office/reception
• Managers unit
• Commercial laundry facilities
• Beach front location (only separated by Ocean Drive)
14 Greensell Street
• 5 one bedroom, short stay apartments
• 821sqm of land
• 29 metre frontage
• 250sqm (approx.) of gross building area
• Zoned Tourism R-80
Financial statements, building plans, development concepts and other due diligence material available on request.
For further information or to arrange an inspection please contact:
Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 7...
E: stephen.harrison@raywhite.com
Phil Zoiti
Ray White Commercial (WA)
M: 0419 993 6...
E: phil.zoiti@raywhite.com
Presenting a unique opportunity to acquire both a cash flow generating going concern and prime development site.
Consisting of two adjoining properties with duel street frontages and a total land holding of 3,400sqm.
The key attributes of 123 Ocean Drive and 14 Greensell Street are as follows;
123 Ocean Drive (Ocean Beach Motel)
• 15 motel units
• Land area of 2,579sqm
• 58.31 metre frontage
• Zoned Tourism R-80
• 852sqm of gross building area
• Office/reception
• Managers unit
• Commercial laundry facilities
• Beach front location (only separated by Ocean Drive)
14 Greensell Street
• 5 one bedroom, short stay apartments
• 821sqm of land
• 29 metre frontage
• 250sqm (approx.) of gross building area
• Zoned Tourism R-80
Financial statements, building plans, development concepts and other due diligence material available on request.
For further information or to arrange an inspection please contact:
Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 7...
E: stephen.harrison@raywhite.com
Phil Zoiti
Ray White Commercial (WA)
M: 0419 993 6...
E: phil.zoiti@raywhite.com
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Property ID: 503819438Last Updated: 24 Dec 2021
RWC - WA
12-14 The EsplanadePERTH, WA 6000
123 Ocean Drive & 14 Greensell Street
Bunbury, WA 6230
RWC - WA12-14 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
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