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1 Frances Road
Gelorup WA 6230
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Sold on 2 Jul 2021

1 Frances Road Gelorup WA 6230

  • Other
  • 810 m²
  • Sold, $800,000

Commercial Investment Opportunity

This property is very well located on the corner of Bussell Highway and Frances Road in Gelorup The property is currently part way through a 3-year lease with 2 further options to renew for 3 years and showing a good rental return. The property is currently being used as a warehouse for a laundry business that has been operating from the premises for over 15 years. The buildings are approximately 850sqm and the land sits on 2 lots which total 6,690sqm in size. The property sits on the edge of a new residential subdivision and operates under a non-conforming use. Access to the property is from two large gates at the rear and side of the property which allows for easy access and departure of vehicles to the passing highway.
The passing traffic from this property is incredible and offers any tenant plenty of exposure and marketing opportunities to the large amounts of motorists passing.

There is a full IM available on request and completion of a confidentiality disclosure.

Property Highlights

Date Sold2 Jul 2021
Sold Price$800,000
Floor Area810 m²
Land Area6,690 m²
ParkingAsk Agent
Property ID2017269459
Category
Last updated  21 Sep 2021
Map for 1 Frances Road Gelorup WA 6230

Property Highlights

Date Sold2 Jul 2021
Sold Price$800,000
Floor Area810 m²
Land Area6,690 m²
ParkingAsk Agent
Property ID2017269459
Category
Last updated  21 Sep 2021

Listed by

Elders Southern Districts Estate Agency - Bunbury
Call
08 97968400

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