Elders Commercial is excited to market this property for sale on behalf of its long-term owners. The Tenant has just signed a 5 year lease with options that could take the lease to 2036 if the options are taken. The tenant has also completed a large fit out upgrade to this property, making it open, light and very professional. As soon as you walk in the front doors of this property you get the feel of a professional office complex, with a stylish reception area that is open and very functional. There is also two interview rooms and two offices attached to this area, which then flows through to the main bottom-level office areas, which has multiple offices, kitchen and toilet areas and is a total of 500+ sqm. When you walk upstairs you enter a large modern open office area with a boardroom and separate office looking over Stirling Street, plus a large open plan office area. The rear part of the upstairs area has more offices and a kitchen area. The upstairs area is approximately 250 + sqm in size and over the two stories the property is over 750m2 and has 26 offices.The front of the building is very modern and allows for plenty of good signage to catch the eye of passing motorists.Car parking for staff is always an issue in the city center but not at this address. With 13 car bays and rear access, this property will always be attractive to tenants who will never have to pay for parking again.This property is leased to a national tenant on a 5-year lease with options and shows an ROI of over 6%, which increases each year as per the lease.This property is a one-of-a-kind, exceptional value, and is fully managed currently by Elders Bunbury (Commercial)Property Highlights:+ Leased Investment+ National Tenant+ 26 Offices+ 750+ sqm of lettable area+ New modern conference room+ Large reception area+ Freshly painted throughout+ Air-conditioned throughout+ Front and rear access+ 13 Car bays+ CBD location+ Zoned Regional CentreBuyers Note: All measurements/dollar amounts are approximate only. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including checking with local authorities regarding the property use and zoning. Buyers should also do a visual inspection of the property before entering into an offer/contract and should not rely on the photos or text in this advertising in making a purchasing decision.
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 3,239 properties. Over the last 5 years, Houses in Bunbury have seen a 84.15% increase in median value, while Units have seen a 88.44% increase. As at 30 April 2026:
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