Unit 3/31 Station Rd, MARGARET RIVER WA 6285
$189,000 plus GST
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- 1 Sep 2016
FOR SALE OR LEASE - STRATA TITLED COMMERCIAL UNIT
"The Market Place" has a history dating back to the early days of Margaret River when it was a butter factory. The property is centrally located in the Station Road Service Commercial precinct and is surrounded by well-known and established businesses and has good passing traffic.
Unit 3 is located in a more recent addition to the complex, which was completed in about 1995. The unit has a strata area of 69sqm and is well located within this popular complex which includes businesses such as Blue Ginger (cafe & wholefoods), The Garden Basket (retail and wholesale fruit and veg), Ghang Thai, Nexus Book Keeping and a number of para-medical practices such as a Chiropractor and Osteopath. Ample parking is provided on-site and common ablution facilities are available.
Currently occupied by Steve Blakeney Photography, the unit is divided into a very appealing carpeted reception and meeting area and an open plan studio/work space.
This strata unit represents a great opportunity for a small business owner to lease premises to start up or grow their business. The owners will offer a long lease term (but this is negotiable) at a rental of $12,075 per annum (+ outgoings and GST) with a secure lease.
Alternatively if you are looking to own your own business premises or you are a first time commercial investor, the proposed annual rent represents a return of approximately 6.4% (excluding GST) on the asking price. Ideal investment for your Self Managed Superannuation Fund.
For further details contact Margaret River Real Estate Agent Ray Stocker on 0418 932 746.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Unit 3/31 Station Rd MARGARET RIVER