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41 Albert Road East Bunbury, WA 6230

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41 Albert Road,
East Bunbury, WA 6230

Showrooms & Large Format Retail • Development Sites & Land

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The Present & Future

- Multi Tenancy Development
- Total Land Area: 6,101 sqm*
- Zoned 'Service Commercial'
- Total Building Area: 2,120 sqm*
- Opposite Homemaker Centre
- Fully Leased Investment

A great opportunity exists to purchase this 6,101sqm* high profile commercial development situated directly opposite a captive market in the Bunbury Homemaker Centre which hosts some of Australia's best known brands and businesses, including Bunnings, JB Hi Fi, The Good Guys, Beacon Lighting, Auto One, Rebel Sports, Dale Alcock Homes to name a few.

When purchasing any property its important to focus on the present and the future …

The PRESENT:

The site is fully leased comprising three (3) tenancies. Two detached brick buildings totalling 2,120sqm* provide accommodation for Tenancies 1 and 2, while the remaining tenancy is leased as hardstand storage at the rear. Externally there is over 2,500sqm* of bitumen sealed driveways and parking and the property is complimented with front verge landscaping in the form of grass and low-lying trees. All tenancies are leased to well-known businesses:

Tenancy 1: South West Pets (Tenancy Area: 1,220 sqm*)
Tenancy 2: Rexel Electrical Supplies (Tenancy Area: 1,224 sqm*)
Tenancy 3: Avis Car & Truck Rental (Tenancy Area: 589 sqm*)

The FUTURE:

This commanding 6,101sqm* potential redevelopment site with an impressive 64m* frontage is 1.5kms* from the Bunbury CBD, adjacent to the 9.8ha* Bunbury Homemaker Centre and is surrounded by a mixture of residential housing and commercial development comprising local, state and national businesses. There are very few sites remaining of this size and location to develop large format retail complexes in Bunbury. With Blair Street and Sandridge Road largely developed now is the time to seek smart alternate solutions for the future.

Note: The development is on a single title (ie not strata titled) and is being sold as a Going Concern.

Call exclusive Selling Agent Geoff Hill to view this rare commercial development opportunity.

* approximate

Property ID: 504221616Last Updated: 15 Mar 2023

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41 Albert Road
East Bunbury, WA 6230

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