91 Bussell Highway, Margaret River WA 6285

Sold $1,380,000 as a going concern


Iconic Commercial Premises

• 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 brick features.

• Onsite Parking available - 13 bays.

• Set amidst shops, galleries, restaurants and other tourist attractions.


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

OUTGOINGS 2016/17:

Shire Rates $12,530.52

Land Tax $1,275.00

Water Rates $1,502.48

Insurance $3,209.50 (Public Liability and Building)

Total $18,517.50


Southern Side $35,062.56 ($2,921.88/mnth) + GST

1 year – year commencing 01/01/2018

1st Further term – 2yrs

2nd Further term – 2yrs

Variables $720.45/mnth +GST

Rent reviews 3% annually with Market Rent Review at commencement of the 1st and 2nd further term.

Northern Side $46,625.00

Sellers will commit to a 2 year lease with 2 + 2 year Option.

Alternatively, vacant possession can also be accommodated with a few months notice.

TOTAL $81,687.56 + GST + outgoings

Make enquiry

This property is proudly listed by:

Margaret River Real Estate First National PO Box 412
Margaret River WA 6285

Open for Inspection

By Appointment

Additional information

Property Type R, Business, Commercial, I, Industrial, R
Property ID 41049132187
Price $1,380,000 as a going concern
Land Area 1,012 sqm (approx)
Building Area 325 sqm (approx)