Sold
141 Bussell Highway,
Margaret River 6285, Western Australia
Price withheld
Property details
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Agents
The best building in Margaret River
RWC WA and Ray White Stocker Preston Dunsborough as joint exclusive selling agents are delighted to present 139-141 Bussell Highway, Margaret River to the market for sale via Expressions of Interest.
Known as 'the best building in Margaret River', this unique property comprises a boutique mixed use commercial/retail and hospitality property in the heart of the town centre. Held by the current owners since construction in 2006, 139-141 Bussell Highway represents a rare acquisition opportunity in one of WA's most sought after destinations. Underpinned by high quality commercial tenants and crowned by two stunning luxury short stay apartments, this stylish property stands alone as an outstanding investment opportunity.
• 139-141 Bussell Highway, Margaret River has key attributes sought by astute investors.
• Generational acquisition opportunity in a world-renowned destination
• 100% leased freehold property in the heart of Margaret River Town Centre
• 5 Ground and first level commercial tenancies totalling 582m²
• Strong covenants underpinned by Commonwealth Bank and Minister for Works
• 2 magnificent boutique apartments (230m²) consistently achieving 65% - 75 % occupancy
• Proximity to local amenities, including restaurants, cafes, wineries, and boutique shops
• Increase in visitor numbers in the Cape area of nearly 40% in recent years
• Substantial land holding sustainable net income of $386,196 pa
For further information or to schedule an inspection, please don't hesitate to contact me.
Andrew Woodley-Page
0438 939 869
andrew.woodley-page@raywhite.com
Known as 'the best building in Margaret River', this unique property comprises a boutique mixed use commercial/retail and hospitality property in the heart of the town centre. Held by the current owners since construction in 2006, 139-141 Bussell Highway represents a rare acquisition opportunity in one of WA's most sought after destinations. Underpinned by high quality commercial tenants and crowned by two stunning luxury short stay apartments, this stylish property stands alone as an outstanding investment opportunity.
• 139-141 Bussell Highway, Margaret River has key attributes sought by astute investors.
• Generational acquisition opportunity in a world-renowned destination
• 100% leased freehold property in the heart of Margaret River Town Centre
• 5 Ground and first level commercial tenancies totalling 582m²
• Strong covenants underpinned by Commonwealth Bank and Minister for Works
• 2 magnificent boutique apartments (230m²) consistently achieving 65% - 75 % occupancy
• Proximity to local amenities, including restaurants, cafes, wineries, and boutique shops
• Increase in visitor numbers in the Cape area of nearly 40% in recent years
• Substantial land holding sustainable net income of $386,196 pa
For further information or to schedule an inspection, please don't hesitate to contact me.
Andrew Woodley-Page
0438 939 869
andrew.woodley-page@raywhite.com
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Andrew Woodley-Page
141 Bussell Highway, Margaret River WA 6285
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Andrew Woodley-Page
141 Bussell Highway, Margaret River WA 6285