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8 Wright Street
Busselton WA 6280
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Sold on 17 Dec 2020

8 Wright Street Busselton WA 6280

  • Factory, Warehouse & Industrial
  • 1,646 m²
  • Sold

Newly Tenanted 5284m2 Corner Site With 2 Titles

If you are looking for a strong long term investment in one of WA's fastest growing cities then this blue chip industrial site offers the perfect mix of a solid rental income with the potential for future redevelopment.

This unique industrial property is set over two titles with approximately 1,646m2 of lettable internal space. Currently leased as a Container depot until 30th September 2025 with a 2 year option and annual rental increases this is ideal to add to your superannuation or investment portfolio.

With prime street exposure from both Wright and Neville Streets, this property also offers buyers a range of opportunities for future development with the potential to create separate premises on each title which could be separately leased and or sold in the future. Alternatively continue to lease the existing premises as is at the end of the lease.

Improvements include:
• Showroom approx 432m2
• Warehouse approx 1008m2
• Amenities approx 20m2
• Offices/lunchroom/store 76m2
• Lean to approx 110m2

Fully fenced with excellent access from both street frontages and easy access to the Busselton Bypass, this site is the perfect rental investment property with substantial redevelopment potential in a prime industrial location.

Property Highlights

Date Sold17 Dec 2020
Floor Area1,646 m²
Land Area5,284 m²
ParkingAsk Agent
Property ID2016596732
Category
Last updated  25 Jan 2021
Map for 8 Wright Street Busselton WA 6280

Property Highlights

Date Sold17 Dec 2020
Floor Area1,646 m²
Land Area5,284 m²
ParkingAsk Agent
Property ID2016596732
Category
Last updated  25 Jan 2021

Listed by

Ray White Stocker Preston (Dunsborough)
Call
08 97567500

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