OFF MARKET

156 Brand Highway
Tarcoola Beach WA 6530

Bedrooms: -
Bathrooms: -
Car spaces: 17
Land area: 3324m2
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Property Details for 156 Brand Hwy, Tarcoola Beach

Building Type
Commercial
Land Size
3324m2
Local Government
Greater Geraldton
Lot/Plan
100/P411385

Last Listing description (September 2024)

Presenting this freehold, Service Station, with a strong lease in place, and a fuel + food outlet.Key features include: - Leased from 1st May 2019 until 30th April 2029 + three further options of 5 years per option.- Monthly rental income is $22,456.19 (inclusive of GST)- Yearly rental income is $269,474.28 (inclusive of GST)- Council Rates $36,400 approx. and Water Rates $3,664 approx. (tenant pays all outgoings)- 17 parking bays- Approx 364m2 of canopy- Approx 420m2 of buildings- Very high profile two road frontage- Block size 3,324m2- The underground fuel tanks, fuel lines, building shell, internal walls, windows and doors, canopy structure, and the land, are the owner's property and are included in the sale.- The sale will be subject to the buyer agreeing to purchase with the lease in place and to honour the lease and the three five-year options that are with the tenant to extend the lease.Please contact Jim Quinn now on 0412 991 442 for further information. *All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should do their own due diligence.

Property History for 156 Brand Hwy, Tarcoola Beach, WA 6530

A timeline of how this property has performed in the market
  • 03 Apr 2024
    Listed for Sale Expressions of Interest
  • 02 Nov 2023
    Listed for Sale Expressions of Interest

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About Tarcoola Beach 6530

The size of Tarcoola Beach is approximately 1.4 square kilometres. It has 3 parks covering nearly 1.7% of total area. The population of Tarcoola Beach in 2011 was 1,373 people. By 2016 the population was 1,286 showing a population decline of 6.3% in the area during that time. The predominant age group in Tarcoola Beach is 50-59 years. Households in Tarcoola Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tarcoola Beach work in a professional occupation. In 2011, 68.1% of the homes in Tarcoola Beach were owner-occupied compared with 70.5% in 2016.

Tarcoola Beach has 686 properties. Over the last 5 years, Houses in Tarcoola Beach have seen a 75.21% increase in median value, while Units have seen a 71.83% increase. As at 31 August 2024:

  • The median value for Houses in Tarcoola Beach is $495,533 while the median value for Units is $318,975.
  • Houses have a median rent of $500.
There are currently 5 properties listed for sale, and no properties listed for rent in Tarcoola beach on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Tarcoola beach.

Suburb Insights for Tarcoola Beach 6530

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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.