Price Undisclosed
1 Bed • 1 Bath • 0 Car • 69m²
New
Sold
Sold
Unit 3/31 Station Road, Margaret River WA 6285
Price Undisclosed
- 1Bed
- 1Bath
- 0 Car
- 69m²
House Sold on Tue 13 Dec, 2016
What's around Station Road
House description
“STRATA TITLED COMMERCIAL UNIT - OWNER WILL LEASE BACK - 6.3% RETURN”
"The Market Place" has a history dating back to the 1930'S when it was a butter factory. The property is centrally located in the Station Road Service Commercial precinct and is surrounded by well-known and established businesses and has good passing traffic.
Unit 3 is located in a more recent addition to the complex, which was completed in about 1995. The unit has a strata area of 69sqm and is well located within this popular complex which includes businesses such as Blue Ginger (cafe & wholefoods), The Garden Basket (retail and wholesale fruit and veg), 34" Blue (fresh sea food), Ghang Thai, Nexus Book Keeping and a number of para-medical practices such as a Chiropractor and Osteopath. Ample parking is provided on-site and common ablution facilities are available.
Currently occupied by "look" Margaret River's newest gallery specialising in Photography by Stephen Blakeney, Art by local artists, Re-loved Goods and Bric-a-brac the unit is artistically fitted out and decorated.
This strata unit represents a great opportunity for a investor or Self Managed Super Fund to secure a commercial property returning about 6.3% on the asking price. That's better than money in the bank.The owners will lease back the premises at a rental of $12,000 per annum (+ outgoings and GST) with a secure lease.
Alternatively if you are looking to own your own business premises and require vacant possession the owners will consider that also.
For further details contact Margaret River Real Estate Agent Ray Stocker on 0418 932 746.