81 Church Street Dongara WA 6525

Knight Frank and Terry McBratney and Associates are pleased to offer for sale Seaspray Beach Apartments, 81 Church Street, Dongara.

The sale of the apartments presents an opportunity to acquire a significant freehold apartment complex with a strong trading history located on Dongara's main beach, in one of WA's premier tourist destinations.

The apartments occupy a prime location, conveniently located directly across from the pristine Seaspray Beach of Dongara. It is situated approximately 2.4 kilometres from the Dongara Town Centre and 350 kilometres north of Perth, making it easily accessible for both local and international tourists.

Key Investment Highlights:

- Conveniently located with easy access to the beach, Dongara Town Centre, and Marina. The apartments offer long and short stay accommodation and enjoys a very high occupancy and trading history.

- A total land area of 1,976 sqm*.

- Zoning: 'Commercial Special Use' under the local planning scheme No. 5, Shire of Irwin.

- Accommodation: 5 x 2-bedroom apartments and 4 x 1-bedroom apartments.

- Approximate Net Profit: $533,510 for 2023/24 after non-cash add-backs.

- Growth Potential: Site allows for future staged development.

Approx*.

To arrange an inspection or further details, please contact the exclusive selling agents:

Tony Delich
M: 0418 926 410

Terry McBratney
M: 0408 554 444