Contact the agent if you'd like further information.
Retail for Sale in Broadwater
Long term secured investment
- Building: 166m²
- Land: 2,000m²
Next Steps:
Enquire with agentRWC WA and BPGA proudly present a fantastic opportunity to secure a long term property investment with a long lease over a prominent service station, within the tourist hotspot region of the coastal south west. Situated directly on Bussell Highway, the main thoroughfare of the region, the service station captures over 10,200* passing vehicles per day.
Comprising a recently refurbished service station and convenience store, with four fuel bowsers, the property is anchored by Burk Fuel on a long term lease of 15 years with options until 2059. Burk Fuel, being a WA owned enterprise, operate 11 services stations throughout WA and a further 1 in Victoria.
The property occupiers a prominent regular shaped 2,000sqm site directly adjoining the Broadwater Shopping Village. The Busselton town centre is situated 6km* east of the property with direct access afforded via Bussell Highway. Immediate surrounding development comprises a range of tourist accommodation sites and residential dwellings. The pristine coastline is situated a mere 500m* north of the property.
Property features include:
- Passing net income of $278,000 plus GST
- Annual increases to greater of CPI or 3%
- Long term lease of 15 years until 2039 with four 5 year options to 2059
- Refurbished structure featuring a 166sqm* convenience store with four fuel bowsers
- Regular shaped site of 2,000sqm
- Extra income via rooftop solar panel lease
- Residential living quarters situated to rear of the convenience store
- This is a property investment with a 15 year lease (the business is not for sale)
The owners have a sworn valuation by a Tier 1 valuer completed November 2024 available for any purchaser
Offers Invited
For further information or to arrange an inspection please contact the agent:
Brett Wilkins
Director Capital Markets
RWC WA
0478 611 168
brett.wilkins@raywhite.com
Jeff Braddock
Managing Director
BPG Australia
0412 934 694
jbraddock@bpga.com.au
*Approx
166m²
2,000m² / 0.49 acres
Local Centre
Tenanted
Retail, Other
Next Steps:
Enquire with agentInvestment Information
Fully Tenanted
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
Agents
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