10 Albert Street, Busselton, WA 6280 | Property Value & History | OnTheHouse
OFF MARKET

10 Albert Street
Busselton WA 6280

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 605m2
Land area: 2025m2
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Property Details for 10 Albert St, Busselton

Building Type
Commercial
Floor Size
605m2
Land Size
2025m2
Local Government
Busselton
Lot/Plan
101/P222226

Last Listing description (May 2009)

CONSIDERING A DEVELOPMENT?
IF YOU ARE SEEKING A SIGNIFICANT INVESTMENT WITHIN THE CBD OF A MAJOR COASTAL TOURIST TOWN, AND/OR WITH A VIEW TO POSSIBLE FUTURE RE-DEVELOPMENT, YOU WILL KICK YOURSELF IF YOU MISS THIS!
CURRENT TENANTS OF THE PROPERTY ARE THE OWNERS, BUT ARE PREPARED TO LEASE BACK THE PROPERTY ON WHAT COULD BE SEEN AS A HOLDING INCOME.

• CURRENT LETTABLE AREA ~495M2
• CURRENT GOING RENTAL RARE ~$145 P/M P/A
• CURRENT POTENTIAL INCOME ~$71,775 P/A
• ROI ON NET PURCHASE PRICE ~4%
BUSSELTON IS A TOWN IN THE LIMELIGHT, A WELL MARKETED TOURIST DESTINATION IN ITS OWN RIGHT, LET ALONE ITS PROXIMITY TO THE VERY FAMOUS MARGARET RIVER WINE REGION. THE POPULATION IS GROWING TO THE EXTENT THAT SOME MINING COMPANIES ARE COMMENCING FLY IN FLY OUT FROM THE TOWN. AUSTRALIANS WANT TO LIVE BY THE BEACH AND BUSSELTON IS A TOWN WITH A FUTURE.
THIS COASTAL TOWN IS SET TO BOOM.
KEY FEATURES;
• 2025M2 LOT
• ROAD FRONTAGE FRONT & REAR
• SHOWROOM FRONTAGE/REAR FACTORY SPACE
• HIGH PROFILE NEIGHBORS
IF YOU CONSIDER THAT THIS PROPERTY IS AN EASY 7 MINUTE WALK TO THE BUSSELTON POST OFFICE ON A DUAL FRONTAGE 2025M2 LOT, IT WOULD SEEM THAT THE BEST FUTURE USE OF THIS PROPERTY WOULD BE EITHER LARGE SHOWROOM WITH REAR ACCESSED WAREHOUSING, OR A MULTITUDE OF SHOWROOMS AIMED AT BUSINESSES REQUIRING BOTH DRIVE BY AND WALK IN TRAFFIC.
WITH A MODERATE SEASIDE CLIMATE IN RELATIVELY CLOSE PROXIMITY TO OUR CAPITAL CITY, THIS IS A TOWN THAT DESERVES VERY CLOSE SCRUTINY WHEN SEEKING VIABLE LOCATIONS FOR LARGE FRANCHISES/BUSINESSES.
CONTACT; MARK GRISDALE 0413 172 122

Property History for 10 Albert St, Busselton, WA 6280

A timeline of how this property has performed in the market
Last Sold
$1,173,333
03 Jul 2012
  • 03 Jul 2012
    Sold for $1,173,333
  • 25 Nov 2007
    Listed for Sale $1,990,000. GST INCLUSIVE
  • 02 Nov 2006
    Listed for Sale Not Disclosed
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About Busselton 6280

The size of Busselton is approximately 4.4 square kilometres. It has 7 parks covering nearly 8.6% of total area. The population of Busselton in 2016 was 1878 people. By 2021 the population was 1838 showing a population decline of 2.1% in the area during that time. The predominant age group in Busselton is 70-79 years. Households in Busselton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Busselton work in a trades occupation.In 2021, 57.00% of the homes in Busselton were owner-occupied compared with 53.70% in 2016.

Busselton has 1,876 properties. Over the last 5 years, Houses in Busselton have seen a 119.87% increase in median value, while Units have seen a 109.48% increase. As at 30 April 2026:

  • The median value for Houses in Busselton is $1,095,376 while the median value for Units is $727,072.
  • Houses have a median rent of $750 while Units have a median rent of $765.
There are currently 20 properties listed for sale, and 13 properties listed for rent in Busselton on OnTheHouse. According to Cotality's data, 77 properties were sold in the past 12 months in Busselton.

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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.