Lot 102, 107 Bussell Highway, Margaret River WA 6285
Offers Around $2.3 million - Freehold Only SAGC
Retail
Contact the agent
Kim Hewton
0400037402
Bob Scott
0438907656
Ray White Stocker Preston
Main Street Margaret River Commercial!
Located centrally amongst many other well-known buildings with main street frontage such as the Margaret River Visitor Centre, IGA Supermarket and the Settlers Tavern, the property is ideally located to ensure ongoing success for the current and future tenants!
The property consists of two adjoining buildings with one of those housing the long-standing business Hillzeez Down South Surf Shop whilst the other houses the trendy Rhum Burgundy Cocktail & Wine Bar.
As a bonus for the astute investor the owners have obtained approval for the development of two mixed use serviced apartments on a second level above the existing buildings, plans and approvals available on request.
Margaret River has benefited greatly from the new direct flights from Melbourne and Sydney into the region and visitors' numbers are on the rise whilst the recent upgrades to the main street have enhanced the shopping experience in the centre of town.
Get in touch today for more information on this exciting investment opportunity situated in the heart of Margaret River!
• Approvals in place for two mixed use serviced apartment additions • Centrally located in the main street of Margaret River • Plenty of onsite parking located at the rear of the property • Floor areas of 196m2 and 85m2 respectively • Long term leases in place for both tenancies
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