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

  • 1,012 sqm Land Area
• 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

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

Open for Inspection
By Appointment