61 Spencer Street, Bunbury, WA 6230 sold on 08 February 2025 | OnTheHouse
SOLD
Sold on 08 Feb 2025 for $2,150,000

61 Spencer Street
Bunbury WA 6230

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 823m2
Land area: 2559m2
Sold By
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Commercial Realty
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Property Details for 61 Spencer St, Bunbury

Building Type
Commercial
Year Built
1968
Floor Size
823m2
Land Size
2559m2
Local Government
Bunbury
Lot/Plan
74/P070385

Last Listing description (April 2025)

- Building Area: 847sqm- Front and Rear SIte Access- Showroom / Workshop- Future Development Potential- Land Area: 2,559sqm- Leased InvestmentCommercial Realty is pleased to present this appealing high-exposure commercial premises situated just 750m from the Bunbury CBD. Currently leased to 'Bunbury KTM and Harley Davidson' this property offers an excellent investment opportunity in a sought-after commercial precinct. Its prime positioning ensures consistent exposure making it a standout choice for businesses seeking prominence and accessibility.Strategically situated on a substantial 2,559sqm dual frontage landholding, this property boasts primary frontage to Spencer Street and secondary access from George Street. Located along one of Bunbury's main arterial roads, Spencer Street offers excellent exposure and seamless connectivity to the Bunbury CBD, attracting a diverse mix of local, state, and national businesses.The vibrant locality supports industries such as retail, administrative, financial and professional services, healthcare, and social services. Neighbouring businesses include World Gym, SKG, Geographe Ford/Bunbury Volkswagen/Bunbury Hyundai, Bunbury Toyota, GWN7, Admiral Motel, ALDI, and Dan Murphy's. This location provides the perfect opportunity for businesses seeking prime visibility and proximity to a thriving commercial area.This versatile property features a spacious ground floor area of 816sqm complemented by a 31sqm mezzanine designed for storage and additional workspace. The brick and iron construction ensures both style and reliability and the functional layout seamlessly integrates the dedicated showroom, storage and workshop areas, perfect for businesses seeking a practical yet visually appealing space to operate efficiently and showcase their products or services.More specifically the premises is well configured for its current use as a sales, parts, and repair center with distinct areas designed for specific functions. The front portion, comprising approximately 56% of the ground floor area serves as the showroom and storage area, being largely open-plan, with an office and toilet facilities. A dividing wall separates the showroom and storage area located directly behind the sales service counter. The rear portion of the building utilised as a workshop occupies the remaining area of the ground floor and is primarily open-plan with a mezzanine storage and work area located in the north-eastern corner. The building features suspended ceilings, air-conditioning, electric sliding doors, roller door access, sealed floors, LED lighting, disabled and ambulant toilet facilities and a kitchen. Externally the site offers around 165sqm of bitumen hardstand at the front with 850sqm of concrete hardstand at the rear providing approximately 22 car bays. Additionally there is 330sqm of gravel hardstand centrally located offering extra space for parking, storage or future development. The rear of the property is accessible via George Street.This is a rare find in terms of location, building quality and calibre of tenant. To secure this A-class asset contact exclusive selling agent Geoff Hill for further details or to arrange an inspection.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.

Property History for 61 Spencer St, Bunbury, WA 6230

A timeline of how this property has performed in the market
Last Sold
$2,150,000
08 Feb 2025
Listed for Rent
$843/w
01 Feb 2018
  • 08 Feb 2025
    Sold for $2,150,000
  • 31 Jan 2025
    Listed for Sale Contact Agent
  • 19 Dec 2017
    Listed for Rent $44,000 / year
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About Bunbury 6230

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 3,233 properties. Over the last 5 years, Houses in Bunbury have seen a 92.84% increase in median value, while Units have seen a 113.45% increase. As at 31 December 2025:

  • The median value for Houses in Bunbury is $809,488 while the median value for Units is $562,178.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 37 properties listed for sale, and 5 properties listed for rent in Bunbury on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Bunbury.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.