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132 Bussell Highway
Margaret River WA 6285
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Sold on 31 Mar 2023

132 Bussell Highway Margaret River WA 6285

  • Shop & Retail
  • 2,994 m²
  • Sold

ICONIC MARGARET RIVER CONVENIENCE CENTRE

  • Coles leased to 2026 + 10 yrs options
  • 80% of income backed by Coles Group
  • Coles paying percentage rent

Margaret River Shopping Centre is a thriving neighbourhood shopping centre occupying a prime position within the heart of the Margaret River Town Centre precinct.

Securely anchored by a highly productive Coles supermarket and 4 shops, Coles securely leased to 2026 with a further 10 years in options.

Strong income growth potential with Coles paying percentage rent and secured on a favourable lease structure.

Outstanding income security, fully leased with 80% of gross income backed by the ASX listed Coles Group

Attractive dual catchment which will drive sales growth, with growing permanent and tourism numbers.

Exceptional exposure and accessibility with dual frontages to both the Bussell Highway and Fearn Avenue

Convenient at-grade parking for 38 vehicles plus an additional 103 car bays for the adjoining car park

Property Highlights

Date Sold31 Mar 2023
Floor Area2,994 m²
Land Area4,622 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018194520
Category
Last updated  25 Sep 2023
Map for 132 Bussell Highway Margaret River WA 6285

Property Highlights

Date Sold31 Mar 2023
Floor Area2,994 m²
Land Area4,622 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018194520
Category
Last updated  25 Sep 2023
Level 21/363 George St Sydney NSW 2000

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