EXCEPTIONAL INVESTMENT OPPORTUNITY – PROFESSIONAL SUITEThis first floor professional suite provides for a range of potential uses and is located on Fearn Avenue within walking distance of Margaret River's bustling town centre. Situated in The Reef Centre, a development comprising a strong mix of both professional and retail tenancies, this unit provides potential owners with a compelling investment proposition.
Seize the opportunity to reap immediate returns as the 105 sq.m* unit offers vacant possession to a potential owner occupier or can be leased to one or two tenants having already been partitioned into two separate tenancies.
The Reef Centre comprises a circa 2002 built two storey commercial development of rammed earth and metal deck construction and is currently zoned “Town Centre” under the Shire of Augusta-Margaret River's Local Planning Scheme No. 1.
The development also provides owner occupiers and tenants with communal kitchens and amenities on both floors and ample parking for customers, with at least 19 non-exclusive car parking bays available at the rear of the complex.
Shire Rates: $3,385 p.a.*
Strata Levies: $4,672 p.a.*
Water Rates: $907 p.a.*