HISTORICAL FREEHOLD OPPORTUNITY
Located at the entry of town to the beautiful townsite of Margaret River, 73 Bussell Highway and its striking heritage features provide a memorable welcome to visitors and sense of “coming home” to locals. Set amongst shady gardens and structures, this property which is listed on the local shire's heritage asset register, provides 8 holiday accommodation rooms, and all room configurations can be viewed on the Bridgefield Guesthouse website.
The property has also been modifie... Read more
The property has also been modifie... Read more
Located at the entry of town to the beautiful townsite of Margaret River, 73 Bussell Highway and its striking heritage features provide a memorable welcome to visitors and sense of “coming home” to locals. Set amongst shady gardens and structures, this property which is listed on the local shire's heritage asset register, provides 8 holiday accommodation rooms, and all room configurations can be viewed on the Bridgefield Guesthouse website.
The property has also been modified over the years and is leased out to two separate restaurants tenants, one on ground level and one below. These restaurants are very popular with locals and tourists alike and both have strong leases until 2026 and 2027, one with options for renewal until 2031.
The income produced from these leases represents a strong Return on Investment with the accommodation also providing a very healthy income stream.
This is a once in a lifetime opportunity to purchase a well-established, superbly located iconic commercial property right at the entrance to the townsite of Margaret River. The maximum exposure that this location presents and the strong income that it generates provides an astounding return for the investor.
All financial figures and lease agreements are available on request upon signing of a Confidentiality Agreement and all property inclusions to be clarified with Agent.
The property has also been modified over the years and is leased out to two separate restaurants tenants, one on ground level and one below. These restaurants are very popular with locals and tourists alike and both have strong leases until 2026 and 2027, one with options for renewal until 2031.
The income produced from these leases represents a strong Return on Investment with the accommodation also providing a very healthy income stream.
This is a once in a lifetime opportunity to purchase a well-established, superbly located iconic commercial property right at the entrance to the townsite of Margaret River. The maximum exposure that this location presents and the strong income that it generates provides an astounding return for the investor.
All financial figures and lease agreements are available on request upon signing of a Confidentiality Agreement and all property inclusions to be clarified with Agent.
