50/11 Casuarina Drive,
Bunbury, WA 6230
Shops & Retail • Offices
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Map of 50/11 Casuarina Drive
Part Leased Waterfront Restaurant
- Restaurant rental income $102,616 pa.
- Part leased.
- Total area 689sqm* (three shops).
- Great residential catchment area and tourist destination.
- Potential upside to lease with vacant 292sqm.
Introduction
Burgess Rawson are pleased to offer for sale by Offers Invited this recently constructed, prime waterfront suite. The property comprises 689sqm divided into three tenancies with one currently leased as a restaurant/bar and two vacant areas. The vacant areas suit a variety of uses including cafe/restaurant, shops or offices. The leasing of these vacant areas could provide substantial upside to an investor or suit an owner occupier.
Location
Bunbury is located approximately 180 kilometres south west of the Perth CBD and is well known as an ideal tourist destination. The property is located on the Koombana Bay waterfront, Bunbury's major tourist precinct and is surrounded by complementary businesses including restaurants, cafes and a micro brewery.
Improvements
The property comprises a total strata area of 689sqm. The suite is divided into three areas. One area of 397sqm approx located overlooking the waterfront is leased as Casella's Wine Tapas Grill with a current income of $102,616 pa. Adjoining Casella's is a vacant 148sqm* suite fronting the piazza area. Internally the suite has kitchen facilities. The final area comprises 144sqm* and is open plan.
Title Details
Lot 50 on Strata Plan 43451 Certificate of Title Volume 2684 Folio 439.
Zoning
The property is zoned 'Special Use' under the City of Bunbury Town Planning Scheme No. 7.
Goods and Services Tax
The sellers are registered for GST and the buyer will be required to pay the sellers GST liability at settlement.
Sale Conditions
The property is offered for sale by 'Offers Invited' closing 2.00pm (WST) Wednesday, 1 June 2016. Offer documentation is available from the selling agent. Offers are to be lodged in the submission box at the office of Burgess Rawson, Level 7, 221 St Georges Terrace, Perth before the closing time.
Closing Date
2.00pm (WST) Wednesday, 1 June 2016.
- Part leased.
- Total area 689sqm* (three shops).
- Great residential catchment area and tourist destination.
- Potential upside to lease with vacant 292sqm.
Introduction
Burgess Rawson are pleased to offer for sale by Offers Invited this recently constructed, prime waterfront suite. The property comprises 689sqm divided into three tenancies with one currently leased as a restaurant/bar and two vacant areas. The vacant areas suit a variety of uses including cafe/restaurant, shops or offices. The leasing of these vacant areas could provide substantial upside to an investor or suit an owner occupier.
Location
Bunbury is located approximately 180 kilometres south west of the Perth CBD and is well known as an ideal tourist destination. The property is located on the Koombana Bay waterfront, Bunbury's major tourist precinct and is surrounded by complementary businesses including restaurants, cafes and a micro brewery.
Improvements
The property comprises a total strata area of 689sqm. The suite is divided into three areas. One area of 397sqm approx located overlooking the waterfront is leased as Casella's Wine Tapas Grill with a current income of $102,616 pa. Adjoining Casella's is a vacant 148sqm* suite fronting the piazza area. Internally the suite has kitchen facilities. The final area comprises 144sqm* and is open plan.
Title Details
Lot 50 on Strata Plan 43451 Certificate of Title Volume 2684 Folio 439.
Zoning
The property is zoned 'Special Use' under the City of Bunbury Town Planning Scheme No. 7.
Goods and Services Tax
The sellers are registered for GST and the buyer will be required to pay the sellers GST liability at settlement.
Sale Conditions
The property is offered for sale by 'Offers Invited' closing 2.00pm (WST) Wednesday, 1 June 2016. Offer documentation is available from the selling agent. Offers are to be lodged in the submission box at the office of Burgess Rawson, Level 7, 221 St Georges Terrace, Perth before the closing time.
Closing Date
2.00pm (WST) Wednesday, 1 June 2016.
Property ID: 501950234Last Updated: 30 Oct 2017
04121982...
50/11 Casuarina Drive
Bunbury, WA 6230
Burgess Rawson - Perth Level 10, 225 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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