- Three (3) Tenancies
- Gross Lettable Area: 454 sqm*
- Central CBD
- Land Area: 508 sqm
- Zoned 'Regional Centre'
- Redevelopment Potential
- Vacant Possession
Commercial Realty is pleased to offer this unique opportunity in the heart of the Bunbury CBD and hospitality precinct.
"After some 30 years of ownership, we have decided it's time to offer this property to a different generation of Investors and Developers with some fresh energy." - Current Landowners -
Refurbish, Renovate or Redevelop this property offers something for all buyers.
Currently the property consists of three (3) adjoining tenancies totalling 454sqm* of gross lettable area with an impressive 25m* frontage to Victoria Street.
More specifically:
Tenancy 1: 142sqm* gross lettable area comprising glazed shop front windows, an open floor plan, kitchen, toilet and side access to a gated external paved yard area of 17sqm* (ideal for deliveries or storage).
Tenancy 2: 162sqm* gross lettable area comprising glazed shop front windows, internal partitioning, suspended ceiling panels, kitchen and toilet.
Tenancy 3: 150sqm* gross lettable area comprising glazed shop front windows, an open floor plan, suspended ceiling panels and disabled toilet. Note: * figures stated are approximate.
Situated midway along Victoria Street (the main street of the Bunbury CBD) and surrounded by well-known landmark buildings including Bunbury office Tower (11 storeys), Ommanney Building (3 storeys), Bunbury Regional Entertainment Centre and Hoyts Grand Cinema Complex, together with other popular shops, eateries, cafes and nightlife.
Directly adjoining the property to the north is a 11 bay public carpark and to the east a 1.46ha* lot fronting the Leschenault Inlet which is owned by the City of Bunbury and comprises the Bunbury Regional Entertainment Centre. With public parking available to the street, side and rear this property not only offers a central location but also good accessibility.
With its current zoning of 'Regional Centre' under Local Planning Scheme No.8, this property would be suitable for a large variety of operations including but not limited to an Art Gallery, Car Park, Civic Use, Club Premises, Community Purpose, Consulting Rooms, Convenience Store, Convention Centre, Educational Establishment, Exhibition Centre, Family Day Care, Fast Food Outlet, Home Business/Office, Lunch Bar, Medical Centre, Multiple Dwelling, Office, Place of Worship, Recreation-Private, Restaurant / Café, Serviced Apartment, Shop, Trade Supplies or Veterinary Centre plus other discretionary / advertised uses including Aged Persons Complex, Bed and Breakfast, Showroom, Funeral Parlour, Hotel, Motel, Nightclub, Residential Building, Small Bar, Tavern, subject to City of Bunbury Approval. The increased flexibility that Local Planning Scheme No. 8 provides means that your vision is now less limited by building size, design and use.
If you are either an owner occupier or investor looking for a central commercial property that has strong street visibility, convenient parking with a great mix of eateries, cafes, restaurants, entertainment, retail services and professional offices plus development flexibility then this property should be at the top of your list.
Priced at Offers Over $1,100,000 Plus GST.
Contact exclusive selling agent Geoff Hill for further details or to arrange an inspection.
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.
