~ LONG LEASES TO PUMA (OWNED BY CHEVRON), WESTERN GROWERS FRESH & YAHAVA KWIK KOFFEE ~
~ PROMINENT CORNER LOCATION AT THE GATEWAY TO WA'S SOUTH WEST ~
• THE OPPORTUNITY
BPG Australia and Acton South West are delighted to offer for sale an excellent opportunity to secure a long WALE service station and retail investment located in a high profile location at 99 (Lot 1) Causeway Road, Busselton, Western Australia.
The investment opportunity is anchored by an international tenant - Puma (owned by Chevron), a local fresh produce business supporting local growers, farmers, producers and artisans - Western Growers Fresh, and Western Australian business Yahava - Kwik Koffee Drive Thru.
• LOCATION
The opportunity benefits from being situated on a recognised and high-profile prominent main road location, being just off the major roundabout linking Causeway Road, Bussell Highway and the Busselton Bypass connecting Perth to the South West region and the City of Busselton.
• IMPROVEMENTS
The tenancy areas plus common areas comprise quality modern buildings with quality and substantial fitouts. The 4 tenancy areas area:
Puma Service Station - approx. 3,691 sqm
Western Grower's Fresh - approx. 2,662 sqm
Kwik Koffee - approx. 1,025 sqm
Vacant - approx. 135 sqm
• TITLE DETAILS
Lot 1 on Diagram 27712, Certificate of Title Volume 1528 Folio 910.
• SITE DETAILS
Lot 1 comprises 1.288 hectares with 3 street frontages including a frontage of over 200 metres on Causeway Road.
• ZONING DETAILS
"Special Use - Service Station" under the City of Busselton's Local Planning Scheme No. 21. There is an Amendment No. 48 under the City of Busselton's Local Planning Scheme No. 21.
• LEASE DETAILS
Long leases to Puma, Western Growers Fresh, and Yahava Kwik Koffee. There is additional income subject to lease negotiations for the vacant tenancy plus income generated from solar recovery secured from Western Growers Fresh.
The overall projected income for the property is approximately $648,830.44 per annum net plus GST (subject to lease negotiations for the vacant tenancy and actual solar recovery per annum).
Contact the Agent for further lease details.
• SALE DETAILS
Price on application.
* at settlement