A rare opportunity to acquire a high-yielding commercial asset in the heart of Bindoon, offering a secure 6.5% net return with long-term, established tenants. This prime retail investment is anchored by the renowned Bindoon Bakery, a significant regional landmark that attracts strong local and tourist patronage.
Two additional long-term occupiers complement this flagship tenant, ensuring a diversified income stream with secured leases, fixed rent reviews, and renewal options. Positioned in a high-exposure location along the Great Northern Highway, this property benefits from consistent foot traffic and strong demand for commercial space.
Investment Highlights
High-yielding asset with a 6.5% net return
Fully leased to three established tenants with secure lease terms
Prime main street location with excellent exposure and accessibility
Minimal management required, offering a passive income opportunity
Strong rental growth potential supported by fixed rent reviews
Lease & Tenancy Details
Tenancy A Bindoon Bakery (Anchor Tenant)
5-year lease: 20/09/2022 19/09/2027
Two further 5-year options, securing tenancy until 19/09/2037
Established business with a strong customer base and regional significance
Tenancy B Dental Practice
5-year lease: 01/03/2023 29/02/2028
5-year renewal option, securing tenancy until 28/02/2033
Essential healthcare provider ensuring stable, long-term occupancy
Tenancy C Gift Shop
Annual lease with renewal options, secured until 20/10/2027
Popular local retailer benefiting from consistent foot traffic
Strategic Location & Growth Potential
Bindoon is a key commercial hub along Western Australia's Great Northern Highway, offering strong economic fundamentals and growing tourism appeal. The town is well-supported by agriculture, retail, and hospitality sectors, driving demand for quality commercial properties.
Proven retail location with strong passing trade
High-demand commercial precinct with limited supply
Strategic growth area with continued infrastructure investment
Enquire Today
This is an outstanding opportunity to secure a high-performing commercial asset with stable income, long-term tenant retention, and significant future growth potential.
For further details or to arrange a confidential discussion, please contact:
Doreen Sharma 0415 070 683
Brian McAllister 0418 869 354
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
