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139-141 Bussell Highway, Margaret River WA 6285

$5.65 million
Retail
139-141 Bussell Highway, Margaret River WA 6285

Outstanding Building in the Town Centre

139-141 Bussell Highway offers the investor a unique opportunity to purchase a standout commercial building in the heart of Margaret River town centre. It has quality tenants and the added bonus of two stunning short stay apartments.

139 -141 Bussell Highway comprises a contemporary two level mixed-use development in the heart of the Margaret River commercial/retail centre.
This stylish complex contains three high quality tenancies on the ground floor including the Commonwealth Bank, Tunbridge Gallery, specialising in authentic Aboriginal Art, and an office housing WA Disability Services.

On level one there are three offices with balcony overlooking the main street. All three offices are fully leased. A unique feature of level one are the Constellation Apartments that overlook Ned Higgins Lane at the rear of building. The two very large short stay apartments are both one bedroom, two bathroom with balconies and courtyards. They are beautifully fitted out and offer a luxurious and private holiday experience in the heart of town with restaurants, bars, shopping and services at your doorstep. Both have external and internal access and are very popular with high occupancy and many return visits by guests. The car park at the rear of the building off Ned Higgins Lane has eighteen bays and provides access to the ground floor tenancies and through to Bussell Highway. The building is in very good condition and has been regularly maintained by the current owner.

A complete package for the serious investor, and showing 6.76%pa on the asking price of $5.65 million, sold as a going concern.

For further details contact John Reid or Michelle Pownall for an Information Memorandum.

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 1,012m2
  • Floor area 812m2
  • Tenure type Tenanted investment

Property snapshot by reiwa.com

This commercial property at 139-141 Bussell Highway, Margaret River is listed for sale by John Reid and Michelle Pownall at Ray White Stocker Preston.

It has been described by the agent as ‘Outstanding Building in the Town Centre’.

If you would like to get in touch with John Reid or Michelle Pownall regarding 139-141 Bussell Highway, Margaret River, please call John on 0418 931 100 or call Michelle on 0438 913 570, or contact the agent via email.

Cost breakdown

  • Council rates: $33,646 / year
  • Water rates: $8,500 / year

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