- Building Area: 515sqm*- High daily traffic count - Land Area: 1,013sqm- Showroom / Office / Warehouse- Developer / Investor or Owner OccupierThis high exposure commercial development located towards the top end of Spencer Street, close to the Bunbury CBD is being presented to all sectors of the market being developers / investors and owner occupiers.The property is currently leased to Hearth House until the end of 2025 after which time you have the flexibility to re-lease, redevelop or relocate your business here. Take advantage of an attractive holding income until you decide on the future of this well-located commercial site.More specifically the property comprises an older style single storey brick building which has been extended and refurbished over the years with a total building area of 515sqm*. Internally the premise accommodates offices (100sqm*), showroom (140sqm*), kitchen (15sqm*), warehouse (255sqm*) and toilets (5sqm*). Externally there is onsite bitumen parking to the front of the building and the rear of the site enjoys an open space totalling 265sqm* ideal for additional external laydown/storage area which is accessed via the drive-through warehouse off Spencer Street. (*approximate).Spencer Street is one of the main arterial roads accessing the Bunbury CBD with a mixture of local, state and national businesses in retail, administrative, financial and professional services, health care and social services. Surrounding businesses include ALDI, Bunbury Toyota, NAPA Auto Parts , GWN7, Home Group WA, Eastman and Co Accountants, World Gym Bunbury, Bunbury Carpet Court, Anderson Neurological and Developmental Services and SKG Radiology Bunbury. Zoned 'Mixed Use - Commercial' under Town Planning Scheme No. 8, the site has a number of permitted, discretionary and advertised uses such as but not limited to bulky goods showroom, car park, child care premises, community purpose, consulting rooms, convenience store, educational establishment, family day care, fast food outlet, home office, medical centre, office, recreation - private, residential, restaurant / cafe, shop, trade supplies and veterinary centre, subject to City of Bunbury approval.Priced at Offers Over $850,000 Going Concern. Contact exclusive selling agent Geoff Hill for further details or to arrange an inspection.Please note, whilst all care and attention are taken, all representations and references are approximate only. Any boundaries shown are provided as a guideline only. Interested parties should carry out their own due diligence, including a visual inspection, before entering into any offer/contract.
The size of Bunbury is approximately 4.6 square kilometres. It has 18 parks covering nearly 18.9% of 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 84.65% increase in median value, while Units have seen a 96.55% increase. As at 31 March 2026:
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