Reiwa Reiwa
12 Bourke Street, Bunbury WA 6230

12 Bourke Street, Bunbury WA 6230

$850,000

New

Showrooms/Bulky Goods

Contact the agent

Todd Brown

0419965475

Bunbury City Realty


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

Cost breakdown

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

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5066122