101 Bussell Highway, Margaret River, WA 6285

Retail | Offices

For Sale $4,500,000

  • Property ID: 403411
  • Floor Area: 763m²
  • Land Area: 1011m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Prime Margaret River Location

The Phone Code for this property is: 24643. Please quote this number when phoning or texting.

INVESTMENT
This blue-ribbon Margaret River investment that you can be proud of earns very solid returns.

IN THE HEART OF THE CBD
In the very best part of the main street, Meeka House stands with refined and timeless character. Surrounded by boutiques, specialty shops and cafes, it is the top destination for commerce.

MAIN STREET OPPOSITE THE VISITOR CENTRE
The frontage onto the main street is appealing with substantial parking at the rear of the building providing great access. Meeka House is built for comfort and commerce. The extra quality serves both very well.

A MIX OF RETAIL AND OFFICES
The ground floor has sought after retail shops with long and medium-term tenants. The six offices upstairs host a variety of offices. The airy central arcade is flooded with light.

FEATURES
The ground floor has a key retail tenant, Pharmacy 777 with a long term lease. This shop has hidden dual-purpose fittings should it ever become a restaurant in future.

The central retail shop has an open patio and wide opening doors and is inviting and stylish. It has a history of being popular.

The other smaller boutique-style shop suits high-end products and has a history of art, beauty and jewellery.

There are 6 offices, 3 on each side of the upper arcade which is accessed off the main street and also the rear car park. The arcade is an airy and pleasant communal space.

These offices are serviced by 2 male and 2 female toilets with quality finishes.

MARGARET RIVER
Enjoying the newly re-developed main street, business in Margaret River is positive with a new level of confidence. There is steady growth in the CBD and suburbs and the satellite towns of Cowaramup and Witchcliffe are expanding.

Tourism businesses and environmental tourism support the Brand "Margaret River". The amenities and facilities of the town are likely to continue to be of a very good standard for a rural town and the town and region are considered to have an excellent lifestyle standard.

A full detailed brochure is available on request. To be sold as a going concern.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Margaret River Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2196 --- ---
Offices $5898 $275 4.66%
Retail $5898 $275 4.66%
This is the average advertised price, rent and yield for Margaret River, WA 6285*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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