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545 Bussell Highway, Broadwater, WA, 6280

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545 Bussell Highway, Broadwater, WA, 6280

Broadwater

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+18 Photos

545 Bussell Highway, Broadwater, WA, 6280

Broadwater

545 Bussell Highway, Broadwater, WA, 6280

545 Bussell Highway, Broadwater, WA, 6280

Properties / Buy / Western Australia / Broadwater
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
Offers Invited
Land Area
2,000 m² (*approx)
Floor Area
166 m² (*approx)
Property Type
Retail, Other
Sub-type
Service Station, Car Dealership, Build-to-Rent
Terms
Long term lease of 15 years until 2039 with four 5 year options to 2059
Est. Income
$248,000 p/a
Fully Leased
Burk Fuel
Zone
Local Centre
Show All
Long term secured investment

RWC 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

[email protected]

Jeff Braddock

Managing Director

BPG Australia

0412 934 694

[email protected]

*Approx

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

545 Bussell Highway Investment Summary

Property Type
Retail, Other
Sub-type
Service Station, Car Dealership, Build-to-Rent
Est. Income
$248,000 p/a
Tenant
Burk Fuel
Terms
Long term lease of 15 years until 2039 with four 5 year options to 2059
Land Area
2,000 m² (*approx)
Floor Area
166 m² (*approx)
Zone
Local Centre
Selling Method
Sale by Negotiation
DATAROOM AVAILABLE
Request Access
Selling Details
Offers Invited

Investment Highlights

Long term secured investment

RWC 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

[email protected]

Jeff Braddock

Managing Director

BPG Australia

0412 934 694

[email protected]

*Approx

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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545 Bussell Highway, Broadwater, WA, 6280

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Property Location of 545 Bussell Highway, Broadwater, WA, 6280

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545 Bussell Highway, Broadwater, WA, 6280 Broadwater
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