FOR SALE
Offers Over $2.999 million

97 Bussell Highway
Margaret River WA 6285

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 572m2
Land area: 1012m2
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First Time Offered to the Market

The Freycinet Centre is an imposing entry statement to the Margaret River town centre being situated on the corner opposite the Tourist Bureau and Margaret's Forest Intown Holiday Apartments. The main street frontage is second to none and has ample street parking on Churchill Avenue and a car park at the rear of the property off Ned Higgins Lane.
Currently occupied by retail and hospitality tenants on the ground floor with central stairs linking the ground level to the first floor tenancy of 306m2. This tenancy with a wrap-around balcony overlooks the main street and Churchill Avenue. The owner has had council approval for a small bar which could be upgraded to a tavern license with approval from RGL.
This tenancy would ideally suit a restaurant/bar or specialty food store. Solidly built by the present owner the building has a timeless façade and an impressive street presence.
Margaret River has benefited greatly from the new direct flights from Melbourne into the region and visitors' numbers are on the rise. Recent upgrades to the main street have enhanced the shopping experience in the centre of town. There is a growing demand for well-located and well leased properties in Margaret River and the Freycinet Centre at 97 Bussell Highway ticks both these boxes.
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628

Property Details for 97 Bussell Hwy, Margaret River

Building Type
Commercial
Floor Size
572m2
Land Size
1012m2

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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 5,790 properties. Over the last 5 years, Houses in Margaret River have seen a 99.01% increase in median value, while Units have seen a 132.13% increase. As at 31 October 2024:

  • The median value for Houses in Margaret River is $870,796 while the median value for Units is $541,593.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 62 properties listed for sale, and 9 properties listed for rent in Margaret river on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Margaret river.

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Michelle Pownall
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Ray White Stocker Preston | Busselton
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