12425 Bussell HighwayKarridale WA 6288
Property Details for 12425 Bussell Hwy, Karridale
Last Listing description (August 2023)
Knight Frank is pleased to present to the market for sale 12425 Bussell Highway, Karridale. A unique and rare opportunity located in the South West, just south of Margaret River.
The property is currently leased to 'Karridale Crossroads General Store & Post Office' until 30 September 2027 and has a current passing net rent of $41,493pa. The premises is well located on the corner of Bussell Highway and Brockman Highway which provides a strong level of exposure for the service station and general store.
Property Features:
- Land Area: 4,717sqm*
- Building Area: 440sqm*
- 3 Bedroom Residence
- General Store/Post Office Shop Front
Zoning:
The property is zoned 'Village Centre' under LPS 1 within the Shire of Augusta Margaret River.
To arrange an inspection or further details, please contact the exclusive agent's below:
Cory Dell'Olio
0422 177 247
cory.dellolio@au.knightfrank.com
Property History for 12425 Bussell Hwy, Karridale, WA 6288
- 21 Aug 2023Sold for $815,000
- 18 Jul 2023Listed for Sale Contact Agent
- 17 Sep 2003Sold for $350,000
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About Karridale 6288
The size of Karridale is approximately 99.3 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Karridale in 2011 was 405 people. By 2016 the population was 275 showing a population decline of 32.1% in the area during that time. The predominant age group in Karridale is 50-59 years. Households in Karridale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karridale work in a managers occupation. In 2011, 66.9% of the homes in Karridale were owner-occupied compared with 63.8% in 2016..
Karridale has 419 properties. Over the last 5 years, Houses in Karridale have seen a 144.83% increase in median value, while Units have seen a 49.71% increase. As at 31 July 2024:
- The median value for Houses in Karridale is $1,067,213 while the median value for Units is $608,255.
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