- Waterfront Commercial Tenancy
- Total Building Area: 510sqm*
- Fronting Future Marina
- First Floor Executive Offices
- Lifestyle Opportunity
- Tranquil Surrounds Close to Bunbury CBD
- Marketed to Investors and Owner Occupiers
Commercial Realty is excited to offer to market a rare opportunity to own this absolute beachfront commercial premise totalling 510sqm*. This nautical inspired architecturally designed unit enjoys unrivalled views of Koombana Bay and the Indian Ocean and is on the doorstep of some of Bunbury's best cafe's and restaurants plus Bunbury's future marina.
Constructed in circa 2003, this concrete tilt panel executive strata titled office is located above the well renowned Vat2 waterfront restaurant and adjacent to three high end residential apartments to the west. More specifically the split level commercial unit currently comprises three (3) office tenancies, however its flexible layout provides the ability for use as a single tenancy if required. A breakdown of the tenancies is provided below:
Suite 1: Totalling 190sqm* is located on the first floor with a northern aspect and is considered the premier tenancy of the property enjoying uninterrupted views of Koombana Bay and the Indian Ocean. The stairway from the ground floor being 14sqm* leads to a high quality open reception area worthy of any high end professional office with ceramic flooring, a curved and elevated ceiling, feature lighting and porthole style windows providing natural light and attractive views over Koombana Bay. This reception serves as the main focal point for all the tenancies and totals 36sqm*. Suite 1 comprises a central boardroom with two (2) executive offices either side, a meeting room / office and an open plan office area with internal wall partitioning creating several workstations plus a full length balcony of 38sqm* and use of a storeroom located on the mezzanine level totalling 30sqm*. Features include high end fixtures and fittings, wall and ceiling mounted split system reverse cycle air-conditioners, architectural ceilings, floor to ceiling aluminium glazed windows to the executive offices, aluminium glazed sliding doors to boardroom, built in bar with sink to boardroom, tiled balcony area which can be accessed from the executive offices and boardroom, with amenities comprising a kitchenette and shared male and female toilets and shower with Suite 2 being 10sqm* in total.
Suite 2: Totalling 82sqm* is located on the first floor with a southern aspect and comprises an open plan office area with internal half height wall partitioning creating several workstations. Features include wall mounted split system reverse cycle air-conditioners, architectural ceilings with amenities comprising a kitchenette and shared male and female toilets and shower with Suite 1.
Suite 3: Totalling 110sqm* is located on the mezzanine level, accessed via a curved stairway behind the reception area and comprises a boardroom, executive office, open plan office area and amenities. Features include outstanding elevated views of Koombana Bay and the Indian Ocean, high end fixtures and fittings, wall mounted split system reverse cycle air-conditioners, architectural ceilings, porthole style windows with the amenities comprising a kitchen / lunchroom, male and female toilets and shower.
Externally the property has external stair access to the first floor and use of an undercover secured common parking area providing two (2) exclusive car bays.
Breakdown of Floor Areas:
Ground Floor: 14sqm*
First Floor: 318sqm*
Balcony: 38sqm*
Mezzanine Level: 140sqm*
TOTAL: 510sqm*
This property is front and centre of Stage 2 and 3 of Transforming Bunbury's Waterfront. Stage 1A and 1B of Transforming Bunbury's Waterfront was completed between 2018-19 which included the Koombana Foreshore Revitalisation and the Dolphin Discovery Centre Redevelopment. Stage 2A was completed in 2020 which included the Jetty Road Causeway Upgrade and we are currently at Stage 2B which includes the Casuarina Drive Redevelopment. This Phase comprises landscaping and revitalisation works at Jetty Baths Park (completed 2021), civil works to Casuarina Drive (underway) and landscaping and revitalisation works for the remaining length of Casuarina Harbour and Casuarina Beach (underway). Stage 3A is currently in the planning phase but is expected to include the construction of new breakwaters, delivery of key marine infrastructure and marine servicing facilities as well as upgrading existing boat launching facilities. A major upgrade modernising the boat launching ramp at Casuarina Boat Harbour which was recently completed forms part of this Stage.
The total estimated investment upon completion of Stage 3A of Transforming Bunbury's Waterfront will be $112.5 million* of which 30%* has already been invested in Stages 1 and 2. (*approximately). These figures further assert the areas growing prominence as an Australian waterfront destination.
To be a part of this once in a lifetime opportunity
Contact exclusive Selling Agent Geoff Hill for further details.
Please note, whilst all care and attention are taken, all representations and references are approximate only. Any boundaries shown are provided as a guideline only. Interested parties should carry out their own due diligence, including a visual inspection, before entering into any offer/contract.
