12 Bourke Street, Bunbury WA 6230

$850,000
New
Showrooms/Bulky Goods
Added 1 day ago
12 Bourke Street, Bunbury WA 6230

Prime Corner Investment & Development Opportunity Near Bunbury CBD

Highlights

  • Development Ready with Flexible Options
  • Growth Location close to the Bunbury CBD

Unlock the potential of this high-exposure Service Commercial zoned property, perfectly positioned on a prominent corner lot at the intersection of Stone and Bourke Streets.

Secure Income with Immediate Returns

This property offers a fantastic opportunity for investors seeking a reliable income stream. It is currently leased and generating a gross rental income,.

Significant Development & Subdivision Potential

Spanning a total of 1,012 m², the site offers more than just a steady return. The property currently consists of a functional building on one portion, leaving a substantial 620 m² of vacant land ready for further commercial development.

Key features include:

• Corner Location: High visibility at the corner of Stone and Bourke Streets, offering excellent access and branding opportunities.
• Development Ready: The large vacant land component is ideal for additional commercial buildings, strata units, or a freehold subdivision.
• Growth Location: Situated close to the Bunbury CBD, this property sits in a high-demand area.
• Flexible Options: Whether you choose to maintain the property on a single title for maximum future flexibility or pursue a formal subdivision, the development options demonstrate the inherent strength of this asset.
Don't miss out on this rare chance to secure a versatile property that combines immediate cash flow with future-proof development upside in one of Bunbury’s established commercial hubs.

Property Details:
• Address: 12 Bourke Street, Bunbury.
• Land Area: 1,012 m².
• Zoning: Service Commercial.
• Tenanted Investment

Contact Todd Brown today to explore the possibilities of 12 Bourke Street. Ph 0419965475.

Property features

  • Car spaces 7
  • Land area 1,012m2
  • Floor area 230m2
  • Includes GST Yes
  • Frontage 20.12
  • Depth 50.29
  • Crossover Centre
  • Return 3%
  • Whole or part building Whole

Property snapshot by reiwa.com

This commercial property at 12 Bourke Street, Bunbury is listed for sale by Todd Brown at Bunbury City Realty.

It has been described by the agent as ‘Prime Corner Investment & Development Opportunity Near Bunbury CBD’.

If you would like to get in touch with Todd Brown regarding 12 Bourke Street, Bunbury, please call 0419 965 475 or contact the agent via email.

Cost breakdown

  • Council rates: $4,000 / year
  • Water rates: $1,500 / year

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