7839 Albany HighwayBannister WA 6390
Property Details for 7839 Albany Hwy, Bannister
Last Listing description (April 2022)
We are pleased to offer to the market a unique and iconic commercial property opportunity.
The Riverside Roadhouse, Bannister is a chance to take care of current border closures to buy a well-known roadhouse in WA's busy South West.
Key details of the property are as follows:
Current rental of $143,286.27 p.a. excluding management fees (annual rental increase due late September 2020).
Operating as an approved service station and caf.
Popular stopping point between Albany and Perth.
This property offers a prime location on the busy Albany Highway, as well as a Tenant who has been in place for over 10 years.
Price Reduced $1,380,000 sold as a 'Going Concern'.
Property History for 7839 Albany Hwy, Bannister, WA 6390
- 19 Aug 2019Listed for Sale $1,380,000
- 16 Aug 2018Listed for Sale Please contact agent
- 07 Jul 2016Listed for Sale Not Disclosed
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About Bannister 6390
The size of Bannister is approximately 421.6 square kilometres. It has 3 parks covering nearly 2.1% of total area. The population of Bannister in 2011 was 1,908 people. By 2016 the population was 138 showing a population decline of 92.8% in the area during that time. The predominant age group in Bannister is 30-39 years. Households in Bannister are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bannister work in a trades occupation. In 2011, 61.2% of the homes in Bannister were owner-occupied compared with 52% in 2016..
Bannister has 108 properties. Over the last 5 years, Houses in Bannister have seen a 115.68% increase in median value. As at 31 October 2024:
- The median value for Houses in Bannister is $821,438.
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