This property is located on the thriving main street of the beautiful regional hub that is Bridgetown.It is currently let as retail space, and is available for sale as a going concern, at offers over $550,000.It comprises three tenancies all paying market related rent with good leases and options in place and a yield of 8.25% per annum based on the selling price.This would be a sound investment in a growing town where commercial and retail space is very limited. The zoning also allows a residential dwelling to be built at the rear of the property STCA.Please contact Oliver Kietzmann on 0409 449 935 or our office on 08 9761 1566 for more information and an opportunity to view the property.
The size of Bridgetown is approximately 35.0 square kilometres. There are 11 parks, covering nearly 0.9% of the total area. The population of Bridgetown in 2016 was 2812 people. By 2021 the population was 3168 showing a population growth of 12.7% in the area during that time. The predominant age group in Bridgetown is 60-69 years. Households in Bridgetown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bridgetown work in a trades occupation.In 2021, 77.20% of the homes in Bridgetown were owner-occupied compared with 75.00% in 2016.
Bridgetown has 2,617 properties. Over the last 5 years, Houses in Bridgetown have seen a 105.46% increase in median value, while Units have seen a -71.37% decrease. As at 30 April 2026:
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