For Sale | R, Business, Commercial, I, Industrial, R | 91 Bussell Highway, Margaret River WA 6285 | $1,480,000 As a going concern

Iconic Commercial Premises

• Investment opportunity in high exposure location.

• 1012m2 commercially zoned block with 365 m2 of premises.

• Two separate galleries offer a multitude of investment options.

• Appealing structure with Margaret River mud bricks features.

• Onsite Parking available - 13 bays.

• Set amidst shops, galleries, restaurants and other tourist attractions.

BUILDING SIZE

Total Lettable Internal Areas = 289.25 m2

Total Lettable Areas including all verandahs = 364.25 m2

Northern Gallery - Internal including loft = 176.5m2

Northern Gallery - Internal including loft plus verandah = 196.5 m2

Southern Gallery - Internal = 112.75 m2

Southern Gallery - Internal plus back verandah (27m2) and front verandah (28m2)

= 167.75 m2

RENTAL INCOME

1 Year @ $75,000 per annum + GST + outgoings

1 Year option @ $75,000 per annum + GST + outgoings

5 Year option @ $ 90,000 with rent reviews annually to CPI

This property is proudly listed by:

Margaret River Real Estate First National PO Box 412
Margaret River WA 6285

Enlarge Map

Open for Inspection
By Appointment

Additional information

Property Type R, Business, Commercial, I, Industrial, R
Property ID 41049132187
Street Address 91 Bussell Highway
Suburb Margaret River
Postcode 6285
Price $1,480,000 As a going concern
Land Area 1,012 sqm (approx)
Building Area 325 sqm (approx)
Date Available Now