FOR SALE
$975,000 Freehold Only SAGC

1/10413 Bussell Highway
Witchcliffe WA 6286

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 155m2
Land area: 238m2
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Witchy Liquor

Witchcliffe is 8km south of Margaret River, and experiencing stunning growth! The magical village centre has a special charm, and it's the closest town to beautiful Redgate Beach. In the exact centre of Witchcliffe is the Witchy Liquor Store. The freehold (NOT the business) is offered for sale. With a 34 year history, a signed lease to 2027 and a further 5 year option to 2032, a brilliant tenant, and a liquor license history of around 34 years, the property is an attractive investment with a yield approaching 7%pa. The Liquor License is to be transferred back to the Lessor at the end of the lease.
Nextdoor is a restaurant, and other ventures are rapidly developing in the main street, ensuring a strong future.
Five years ago Witchcliffe had around 25 houses, a tractor dealership, and a few small businesses in the main street. A current count shows around 821 properties, and buildings are growing as fast as builders can build. It's the hottest hotspot in the Shire. A town centre investment with a strong lease has to be worth consideration.
Please call exclusive agent Bob Scott for further information.
• Leased to 2027
• Further 5 year option to 2032
• Village Centre zoning
• Airconditioned
Please call exclusive agent Bob Scott for further information.•
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.
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Property Details for 1/10413 Bussell Hwy, Witchcliffe

Building Type
Commercial
Floor Size
155m2
Land Size
238m2

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About Witchcliffe 6286

The size of Witchcliffe is approximately 54.7 square kilometres. It has 3 parks covering nearly 0.3% of total area. The population of Witchcliffe in 2011 was 339 people. By 2016 the population was 267 showing a population decline of 21.2% in the area during that time. The predominant age group in Witchcliffe is 60-69 years. Households in Witchcliffe are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Witchcliffe work in a labourer occupation. In 2011, 64.4% of the homes in Witchcliffe were owner-occupied compared with 70.5% in 2016.

Witchcliffe has 873 properties. Over the last 5 years, Houses in Witchcliffe have seen a 178.60% increase in median value, while Units have seen a 50.23% increase. As at 31 July 2024:

  • The median value for Houses in Witchcliffe is $894,334 while the median value for Units is $1,148,475.
There are currently 25 properties listed for sale, and no properties listed for rent in Witchcliffe on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Witchcliffe.

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Bob Scott
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Ray White Stocker Preston | Busselton
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