SOLD
Sold on 04 Jul 2024 for $375,000

4/17 Bussell Highway
West Busselton WA 6280

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 134m2
Land area: 1383m2
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Property Details for 4/17 Bussell Hwy, West Busselton

Building Type
Commercial
Year Built
1994
Floor Size
134m2
Land Size
1383m2
Local Government
Busselton
Lot/Plan
4/S027226

Last Listing description (August 2024)

Now available For Sale, leased commercial investment property of 134 square metres located in an established commercial complex on Bussell Highway in very close proximity to the Busselton town centre. Current annual net rent received of $21,000 with a fixed increase to $25,000 per annum plus gst and outgoings from November 2024, with a current lease through until November 2025 plus further 2 year options and annual rent reviews included in the lease covenants. Very highly regarded local business with personal guarantees to the lease.Constructed from solid brick construction and having glazed front door access and roller door access, the property would suit a wide variety of utility. Other features include split system airconditioning, security screens and individual toilet facilities. Nearby business include national fast food retailers including Red Rooster & Subway, government offices, Ford and Hyundai car dealerships, medical, WA Country Builders and SuperCheap Autos. Priced to sell, this property ideally suits investors seeking a sound return.For further details speak to your Commercial and Industrial property specialist Matt Snaddon 0488280020.

Property History for 4/17 Bussell Hwy, West Busselton, WA 6280

A timeline of how this property has performed in the market
Last Sold
$375,000
04 Jul 2024
Listed for Rent
22 Oct 2020
  • 04 Jul 2024
    Sold for $375,000
  • 10 May 2024
    Listed for Sale $385,000
  • 11 Nov 2023
    Listed for Sale $375,000
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About West Busselton 6280

The size of West Busselton is approximately 8.1 square kilometres. It has 20 parks covering nearly 9.4% of total area. The population of West Busselton in 2011 was 7,932 people. By 2016 the population was 8,516 showing a population growth of 7.4% in the area during that time. The predominant age group in West Busselton is 60-69 years. Households in West Busselton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Busselton work in a trades occupation. In 2011, 61% of the homes in West Busselton were owner-occupied compared with 63.5% in 2016.

West Busselton has 4,863 properties. Over the last 5 years, Houses in West Busselton have seen a 100.49% increase in median value, while Units have seen a 147.68% increase. As at 31 October 2024:

  • The median value for Houses in West Busselton is $834,852 while the median value for Units is $584,633.
  • Houses have a median rent of $680 while Units have a median rent of $610.
There are currently 18 properties listed for sale, and 6 properties listed for rent in West busselton on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in West busselton.

Suburb Insights for West Busselton 6280

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Contact agent
Matthew Snaddon
Show contact details
First National Real Estate Busselton
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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.