72 Bashford Street Jurien Bay WA 6516
- Shop & Retail
- 300 m²
- For Sale, Price Reduced to $5.095M ("Going Concern")
Long WALE Investment - National Tenant (Metro Petroleum)
- 15 Yrs + Options (commenced 1/2/19)
- $300,000 PA Net + Outgoings
- Annual Reviews to 3% (from 1/2/23)
BPG Australia is delighted to offer For Sale - 72 Bashford Street (Indian Ocean Drive), Jurien Bay.
Jurien Bay is a coastal town approximately 200 km north of the Perth CBD. The town is located in the Shire of Dandaragan, which has a shire area of 6,716 square kilometres.
The property is specifically located on the corner of Bashford Street and Cook Street. Bashford Street is also known as Indian Ocean Drive and the entry to Jurien Bay and the major coastal highway linking Perth to just south of Dandaragan/Port Denison.
Located on the site is a large modern service station completed in 2019. The improvements include an approximate 300 sqm retail building plus a canopy over 4 double fuel dispenser bays. There is substantial bitumen hardstand on the property to accommodate trucks, caravans and boats and provision of air and water facilities.
Lot 200 on Deposited Plan 414788 and contained within Certificate of Title Volume 2961 Folio 965.
The site has a substantial land area of 2,085 m2 with a frontage to Bashford Street (Indian Ocean Drive) of approximately 50.43 metres.
The site is zoned "Regional Centre" under the Shire of Dandaragan's Local Planning Scheme 7.
The property is leased to a national tenant - DIB Group Pty Ltd t/a Metro Petroleum (a major national fuel operator with over 200 service stations across Australia). The lease commencement date is 1 February 2019 for a term of 15 years plus 4 x 5-year options. The rent is $300,000 per annum net plus GST plus outgoings. Reviews are annually to 3% (from 1/2/23).
For a brochure or Information Memorandum, please email the Agent.
JEFF BRADDOCK - JBRADDOCK@BPGA.COM.AU - 0412 934 694.
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