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4/119 Bussell Highway Margaret River, WA 6285

Sold on 11 Apr 2025
  • Building: 243m²
  • Land: 330m²
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Retail in Margaret River

Main Street Margaret River

  • Building: 243m²
  • Land: 330m²

SHOP 4/119 BUSSELL HIGHWAY, MARGARET RIVER

Securely leased until June 30 2026, with two x three year options.

This freehold strata titled property comprises 243m2 (Banking Chamber), plus four secure undercover parking bays and two uncovered bays on level one.

The complex has customer parking on level one accessed from Willmott Avenue.

Details:
Lot 4 on Strata Plan 52194.
Total Area 330m2 including six dedicated parking bays.
Situated in the complex opposite Margaret River Hotel (currently under re-development).
The intersection of Bussell Highway and Willmott Avenue is the Commercial/Retail hub of Margaret River.
The property is showing a net return in excess of 6% per annum with fixed annual rental increases of 3.5%. Annual rent $142,830 + GST + Outgoings.

For further details contact John Reid or Michelle Pownall.

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

Building:

243m²

Land:

330m² / 0.08 acres

Zone:

Town Centre

Tenancy:

Tenanted

4/119 Bussell Highway, Margaret River, WA 6285