FOR RENT
Offers Over $70,000pa

4/97 Bussell Highway
Margaret River WA 6285

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 306m2
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MAIN STREET LOCATION READY FOR TAVERN, BAR, RESTAURANT

Wanting to set up a bar, restaurant or wine tasting in Margaret River, this is the property for you.
Located at the first roundabout of Margaret River as you enter into the main street of town with first floor view outlook.
Features include:
• Approx. 307m2 comprising both internal and balconies
• Ideal location for a tavern or restaurant and bar
• Internal and balcony space provide flexibility for all weather dining
• Plenty of on site parking located at the rear of the building
• Long lease available
The owner has reduced the rent to obtain a long-term lease.

Property Details for 4/97 Bussell Hwy, Margaret River

Building Type
Commercial
Floor Size
306m2

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About Margaret River 6285

The size of Margaret River is approximately 61.3 square kilometres. It has 32 parks covering nearly 21.9% of total area. The population of Margaret River in 2011 was 6,328 people. By 2016 the population was 7,650 showing a population growth of 20.9% in the area during that time. The predominant age group in Margaret River is 30-39 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margaret River work in a trades occupation. In 2011, 61.8% of the homes in Margaret River were owner-occupied compared with 65.6% in 2016.

Margaret River has 5,815 properties. Over the last 5 years, Houses in Margaret River have seen a 98.28% increase in median value, while Units have seen a 170.70% increase. As at 30 November 2024:

  • The median value for Houses in Margaret River is $885,124 while the median value for Units is $569,156.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 7 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 370 properties were sold in the past 12 months in Margaret river.

Suburb Insights for Margaret River 6285

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Contact agent
Michelle Pownall
Show contact details
Ray White Stocker Preston | Busselton
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.