Level 1, 563 Hay Street

Subiaco WA 6008

(08) 6389 2242

reception@bpga.com.au

99 Causeway Road, Busselton

Offers to Purchase closing 12 pm WST Wednesday, 1 June 2022
  • Description
  • Address
  • Details

Description

Long WALE Service Station (International Tenant) & Retail Investment

  • Rare retail investment opportunity!
  • Long leases with Puma (owned by Chevron), Western Growers Fresh, and Yahava Kwik Koffee.
  • Overall projected income is approximately $648,830.44 PA net plus GST (subject to final lease negotiations).
  • Substantial 1.288 hectares with 3 street frontages.

BPG Australia, in conjunction with Acton South West, is delighted to offer for sale an excellent opportunity to secure a long WALE service station and retail investment located in a high profile location at 99 (Lot 1) Causeway Road, Busselton, Western Australia.

The investment opportunity is anchored by an international tenant – Puma (owned by Chevron), a local fresh produce business supporting local growers, farmers, producers and artisans – Western Growers Fresh, and Western Australian business Yahava – Kwik Koffee Drive Thru.

LOCATION
The opportunity benefits from being situated on a recognised and high-profile prominent main road location, being just off the major roundabout linking Causeway Road, Bussell Highway and the Busselton Bypass connecting Perth to the South West region and the City of Busselton.

IMPROVEMENTS
The tenancy areas plus common areas comprise quality modern buildings with quality and substantial fitouts.
– Puma Service Station
– Western Growers Fresh
– Yahava Kwik Koffee
– Vacant Shop

TITLE DETAILS
Lot 1 on Diagram 27712, Certificate of Title Volume 1528 Folio 910.

SITE DETAILS
Lot 1 comprises 1.288 hectares with 3 street frontages including a frontage of over 200 metres on Causeway Road.

ZONING DETAILS
“Special Use – Service Station” under the City of Busselton’s Local Planning Scheme No. 21. There is an Amendment No. 48 under the City of Busselton’s Local Planning Scheme No. 21.

LEASE DETAILS
4 Lease Areas:
Area 1: Not applicable (not part of sale)
Area 2: Puma Energy (Australia) Fuels Pty Ltd (approx. 3,691 m2)
Area 3: Western Growers Fresh Pty Ltd (approx. 2,662 m2)
Area 4: Kwik Koffee IP Management Pty Ltd (approx. 1,025 m2)
Area 5: Vacant (approx. 135 m2)

The overall projected income for the property is approximately $648,830.44 per annum net plus GST (subject to lease negotiations for the vacant tenancy and actual solar recovery per annum).

SALE DETAILS
Offers to Purchase closing 12 pm WST Wednesday, 1 June 2022.

CONTACT

Jeff Braddock – 0412 934 694 or jbraddock@bpga.com.au

Address

  • City: Busselton
  • State/county: WA
  • Neighborhood: Busselton
  • Country: Australia

Detail

  • Price: Offers to Purchase closing 12 pm WST Wednesday, 1 June 2022
  • Property Type: Investment, Retail
  • Property Status: For Sale, New Listing