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123 Ocean Drive & 14 Greensell Street Bunbury WA 6230

  • Hotel, Motel, Pub & Leisure
  • 2,579 m²
  • For Sale, Expressions of Interest

Coastal Motel with Development Opportunity

    Seeking Expressions of Interest to purchase the beach front Ocean Beach Motel and the adjoining land with apartments.

    Presenting a unique opportunity to acquire both a cash flow generating going concern and prime development site.

    Consisting of two adjoining properties with duel street frontages and a total land holding of 3,400sqm.

    The key attributes of 123 Ocean Drive and 14 Greensell Street are as follows;

    123 Ocean Drive (Ocean Beach Motel)
    • 15 motel units
    • Land area of 2,579sqm
    • 58.31 metre frontage
    • Zoned Tourism R-80
    • 852sqm of gross building area
    • Office/reception
    • Managers unit
    • Commercial laundry facilities
    • Beach front location (only separated by Ocean Drive)

    14 Greensell Street
    • 5 one bedroom, short stay apartments
    • 821sqm of land
    • 29 metre frontage
    • 250sqm (approx.) of gross building area
    • Zoned Tourism R-80

    Financial statements, building plans, development concepts and other due diligence material available on request.

    For further information or to arrange an inspection please contact:

    Stephen Harrison
    Ray White Commercial (WA)
    M: 0421 622 777
    E: stephen.harrison@raywhite.com

    Phil Zoiti
    Ray White Commercial (WA)
    M: 0419 993 656
    E: phil.zoiti@raywhite.com

    Stephen Harrison
    Ray White Commercial (WA)
    Stephen Harrison
    Ray White Commercial (WA)
    Phil Zoiti
    Ray White Commercial (WA)
    Phil Zoiti
    Ray White Commercial (WA)

    Property Highlights

    Property ID2016981386
    Floor Area2,579 m²
    Land Area3,400 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  15 Jun 2021
    Map for 123 Ocean Drive & 14 Greensell Street Bunbury WA 6230
    Map for 123 Ocean Drive & 14 Greensell Street Bunbury WA 6230123 Ocean Drive & 14 Greensell Street Bunbury WA 6230
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Stephen Harrison
    Ray White Commercial (WA)
    Stephen Harrison
    Ray White Commercial (WA)
    Phil Zoiti
    Ray White Commercial (WA)
    Phil Zoiti
    Ray White Commercial (WA)

    Property Highlights

    Property ID2016981386
    Floor Area2,579 m²
    Land Area3,400 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  15 Jun 2021
    Ray White Commercial (WA)
    Ground Floor, 12-14 The Esplanade Perth WA 6000
    Stephen Harrison
    Ray White Commercial (WA)
    Stephen Harrison
    Ray White Commercial (WA)
    Phil Zoiti
    Ray White Commercial (WA)
    Phil Zoiti
    Ray White Commercial (WA)

    Ask Stephen Harrison about this property

    Stephen Harrison

    Stephen Harrison

    Ray White Commercial (WA)

    Phil Zoiti

    Phil Zoiti

    Ray White Commercial (WA)

    0421 *** ***
    0421 622 777

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