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4/23 Fearn Avenue
Margaret River WA 6285
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Sold on 3 May 2022

4/23 Fearn Avenue Margaret River WA 6285

  • Offices
  • 83 m²
  • Sold, $360,000

Better than the Banks!

A great investment opportunity here, purchase this quality 83sqm retail office space which is situated in a well-appointed complex of 4 commercial and 4 residential units located in a prominent position one street back from the main street of town.

A sale price around the current asking price would represent a 6.3% return on your investment which is certainly better than leaving your money in the bank!

Growth Partners (income tax professionals) have been leasing the property since 2013 and have proven to be very good tenants over that time. Other tenants in the complex include Halsall & Associates Town Planning Consultants, Mama Wren Take Away Food Outlet and Coastal IT Support whilst the 4 residential units on the 2nd level are used for short-stay holiday letting.

Get in touch today for more information and to arrange a private viewing!

• 6.3% ROI on current asking price
• 3 private offices
• Open office area with 2 workstations
• Lunchroom with kitchenette & WC
• 83sqm floor area
• Situated in a well-appointed complex of 8 units
• Located one street back from the main street

Property Highlights

Date Sold3 May 2022
Sold Price$360,000
Floor Area83 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
Parking2 x Onsite parkings
Property ID2017725651
Category
Last updated  31 May 2022
Map for 4/23 Fearn Avenue Margaret River WA 6285

Property Highlights

Date Sold3 May 2022
Sold Price$360,000
Floor Area83 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
Parking2 x Onsite parkings
Property ID2017725651
Category
Last updated  31 May 2022

Listed by

Ray White Stocker Preston (Margaret River)
Call
08 97567500

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