12 Stephen Street Bunbury WA 6230

CBD Double Storey Building - Prime Investment Opportunity

Stephen Street is in the CBD of Bunbury in the South West of WA.

This building has the ability for development of an upstairs apartment of 80m2 and already has a secure tenant in the downstairs portion.

The barber wishes to extend the current lease.

The search for a tenant for the upstairs section of the building is underway.

Rental returns on Commercial Property are between 6% and 7% per annum in this precinct.

Bunbury is undergoing significant infrastructure upgrades with a number of developments occurring near the CBD, namely:

* Ongoing Apartment buildings

* Bunbury Outer Ring Road upgrades are close to completion

* Waterfront and City upgrades is ongoing

30 Carey Street

Bunbury, WA 6230

Map for 12 Stephen Street Bunbury WA 6230

Bus

Stirling St After Parkfield St	156 m
Bunbury Bus Stn	214 m
Wittenoom St After Prinsep St	246 m
Spencer St After Edward St	295 m

Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.

*Within a 4km radius

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nbn® Fibre to the Node (FTTN) is available in this property

Max wholesale speed tier available: nbn® Fibre to the Node

30 Carey Street

Bunbury, WA 6230