Reiwa Reiwa
1/36 Station Road, Margaret River WA 6285

1/36 Station Road, Margaret River WA 6285

Offers From $920,000 - SAGC

Under offer

Other

Contact the agent

Kim Hewton

0400037402

Sarah Twine

0439926836

Ray White Stocker Preston


High Yield Investment - Station Road Precinct

Located within the sought after Station Road precinct, this well maintained two storey property, zoned Service Commercial, presents a rare and versatile investment opportunity.

Constructed in the early 2000's, the property comprises a two bedroom, one bathroom apartment on the upper level, complemented by a ground floor commercial premises currently leased to Headspace plus four on site car bays providing excellent accessibility and convenience for both tenants and clientele.

Fully leased, the property delivers a strong combined annual income of $61,000.00pa, with $32,400.00pa generated from the commercial tenancy and $28,600.00pa from the apartment.

A standout opportunity to secure a high performing asset with a secure commercial tenant, dual income streams, and long term investment appeal in a tightly held location.

Please note this property is not located within the Short Stay Zone.

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628

Property features

  • Land area 221m2
  • Floor area 204m2
  • Tenure type Vacant possession

Cost breakdown

  • Council rates: $1,380 / year
  • Water rates: $307 / year

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5020046