Positioned in the heart of Bunbury's CBD and surrounded by convenient public parking, this double storey commercial property presents a stand out opportunity for investors seeking immediate income with long term growth potential.
With a fully independant upper level accessed via its own seperate entry, the property offers clear seperation between floors, ideal for dual income potential or leasing the spaces individually as it currently is.
* Two established tenants in place
* Both tenants wish to continue their occupancy
* Immediate rental income
* Central CBD location
* Close to public parking and amenities
* Strong long term upside in growing precint
Downstairs is securely tenanted, while upstairs tenacy provides continued income and stability, making this a genuine set and forget investment. The property is well positioned to benefit from ongoing city improvements, waterfront upgrades and increasing demand for centrally located commercial space. The building also has the ability for future development of an upstairs apartment of 80m2 with its own seperate door access.
The size of Bunbury is approximately 4.6 square kilometres. There are 18 parks, covering nearly 18.9% of the total area. The population of Bunbury in 2016 was 3740 people. By 2021 the population was 3948 showing a population growth of 5.6% in the area during that time. The predominant age group in Bunbury is 60-69 years. Households in Bunbury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bunbury work in a professional occupation.In 2021, 58.30% of the homes in Bunbury were owner-occupied compared with 58.00% in 2016.
Bunbury has 3,240 properties. Over the last 5 years, Houses in Bunbury have seen a 82.94% increase in median value, while Units have seen a 57.60% increase. As at 31 July 2026:
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