13 Prince Street

Ledge Point WA 6043

A unique opportunity to purchase this freehold land and building with a high-performing business on a secured leased. Zoned Town Centre - land use Shop - Residence, commercial property in a tightly held coastal location. This is an investment-only sale - with assets that the tenant maintains (list provided on application) - the thriving business is owned and operated by the tenant, offering investors a hands-off asset with strong returns and built-in growth.Inspection times available by appointment on Monday or Tuesday evenings from 6pm - notification time no later than the previous Friday 5pm. Located in the Coastal Town of Ledge Point WA. In a prominent part of town, the property is home to the area's only licensed Post Office, fuel outlet, liquor store, cafe, and general store - all essential services for the local community and tourist trade. Less than 1 hours' drive from the end of Mitchell Freeway. With a popular Golf Course, Country Club, pristine beaches, swimming bay and off the beach fishing/boat launching. Within walking distance to the caravan park, beach, and Country Club. Ledge Point is a thriving tourist destination for weekenders and holiday makers. The town provides investment opportunities and a great lifestyle for residents. Investment Highlights:Freehold sale only - building and land included, not the businessSecure long-term lease in place until 2029, with new lease term commencing August 20266% rent increase scheduled for the start of the new termCurrent yield: 4.94% Future yield: 5.24% (from Aug 2026)Tenant operates essential, monopoly services with no direct local competitionHigh-traffic, high-visibility location in a popular coastal townAdditional Features:Vacant parcel of land at the rear of the propertySide access to lower level of the block - ideal for future improvements, expansion, or storageConsistent tenant history and stable operationsThis is a rare chance to secure a passive commercial investment with a reliable tenant and multiple income streams - all without owning or managing the businesses themselves.Enquire now for further details or to request the full Information Memorandum.