18 Prince StreetBusselton WA 6280
Property Details for 18 Prince St, Busselton
Last Listing description (September 2024)
Attention, savvy investors! This commercial building is a prime investment opportunity that screams ACT NOW! With an impressive yield of 6.3% and being strategically positioned in a prime location, now is the time to secure your piece of the pie, in the booming town of Busselton. With two well-established, long-term tenants and ample parking options, both on the street and at the rear, this is an investment not to be overlooked. Don't let this one slip through your fingers, check out these key features and you will know you're onto a winner!
Key features include:
Unit 1 Specsavers
- The current rent is $78,178pa with a lease extension option until 2030
- New rent commencing 1st July will rise to $81,000pa
- Air conditioning unit
- Staff room with kitchenette
Unit 2 Jack in the Box
- Approximately 300sqm
- The current rent is $48,000pa
Other
- Prime location
- Ground floor 530sqm top floor 140sqm
- Long-term rental, adding stability to your investment portfolio
- Ample parking in the back
Join the vibrant atmosphere of thriving Busselton, the gateway to the fantastic Southwest region of Western Australia. Located just 222km south of the Perth CBD, not only is it an ideal place to live, but it also stands as a prominent tourist destination.
*South-West markets lead the way in June 2024 quarter
The South-West regional centres outpaced all other regional property markets in the June 2024 quarter, according to new data from REIWA.
Busselton led the way with its median house sale price rising 6.0 per cent to $795,000, up from $750,000 in the March quarter.
Annually, Bunbury recorded the highest growth, with the median house sale price rising 19.6 per cent, followed by Busselton at 16.9 per cent.
REIWA President Joe White said the battle for top position between Busselton and Bunbury has been ongoing since the September 2023 quarter.
*REIWA.com
For more information, Call Zaia now!
Rates:
Shire $TBA per annum (estimate incl. ESL)
Water $2882.71 per annum (estimate)
DISCLAIMER: The contained description is for advertising and marketing purposes only. Every care has been taken with the preparation of the information supplied. We cannot guarantee their accuracy and accept no responsibility for the results of any actions taken, or any reliance placed upon this document. All interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained in the text are not intended to form part of any contract.
Property History for 18 Prince St, Busselton, WA 6280
- 29 Nov 2024Sold for $2,080,000
- 11 Mar 2024Listed for Sale FROM $2,000,000
- 02 Sep 1997Sold for $310,000
Recent sales nearby
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About Busselton 6280
The size of Busselton is approximately 4.4 square kilometres. There are 7 parks, covering nearly 8.6% of the 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 1,883 properties. Over the last 5 years, Houses in Busselton have seen a 113.24% increase in median value, while Units have seen a 104.16% increase. As at 31 July 2026:
- The median value for Houses in Busselton is $1,097,663 while the median value for Units is $789,487.
- Houses have a median rent of $750 while Units have a median rent of $735.
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