Attention, savvy investors! This commercial building is a prime investment opportunity that screams ACT NOW! With an impressive yield of 6.3% and being strategically positioned in a prime location, now is the time to secure your piece of the pie, in the booming town of Busselton. With two well-established, long-term tenants and ample parking options, both on the street and at the rear, this is an investment not to be overlooked. Don't let this one slip through your fingers, check out these key features and you will know you're onto a winner!
Key features include:
Unit 1 Specsavers
Approximately 230sqm
The current rent is $78,178pa with a lease extension option until 2030
New rent commencing 1st July will rise to $81,000pa
Air conditioning unit
Staff room with kitchenette
Unit 2 Jack in the Box
Approximately 300sqm
The current rent is $48,000pa
Other
Prime location
Ground floor 530sqm top floor 140sqm
Long-term rental, adding stability to your investment portfolio
Ample parking in the back
Join the vibrant atmosphere of thriving Busselton, the gateway to the fantastic Southwest region of Western Australia. Located just 222km south of the Perth CBD, not only is it an ideal place to live, but it also stands as a prominent tourist destination.
*South-West markets lead the way in June 2024 quarter
The South-West regional centres outpaced all other regional property markets in the June 2024 quarter, according to new data from REIWA.
Busselton led the way with its median house sale price rising 6.0 per cent to $795,000, up from $750,000 in the March quarter.
Annually, Bunbury recorded the highest growth, with the median house sale price rising 19.6 per cent, followed by Busselton at 16.9 per cent.
REIWA President Joe White said the battle for top position between Busselton and Bunbury has been ongoing since the September 2023 quarter.
*REIWA.com
For more information, Call Zaia now!
Rates:
Shire $TBA per annum (estimate incl. ESL)
Water $2882.71 per annum (estimate)
