18 Napoleon PromenadeVasse WA 6280
Property Details for 18 Napoleon Prom, Vasse
Last Listing description (December 2021)
CBRE Western Australian Retail Investments, as sole exclusive selling agents, are pleased to offer Coles Vasse, an exceptional freestanding supermarket situated at the gateway to the beautiful south-west of WA.
Strategically located at the intersection of the Margaret River/Dunsborough turnoff in the number one tourist location in WA, the site receives 4.2M* vehicles passing annually as a direct result of the Busselton Bypass. Vasse is situated just 10km* west of Busselton Town Centre and 230km* south of Perth CBD.
The newly built Coles supermarket and Liquorland is a modern, purpose-built supermarket and liquor store situated on a significant 1.43Ha* site.
Strong income security backed by a 15 year net lease to Coles plus 4 x 10 year options and expected turnover growth from one of WA's fastest growing regions makes this investment an attractive and exciting opportunity.
*approx
Property History for 18 Napoleon Prom, Vasse, WA 6280
- 17 Jan 2019Listed for Sale SOLD - $19,603,686
- 21 Nov 2018Sold for $19,603,686
- 26 Sep 2018Listed for Sale EXPRESSIONS OF INTEREST
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0About Vasse 6280
The size of Vasse is approximately 36.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Vasse in 2016 was 2479 people. By 2021 the population was 2853 showing a population growth of 15.1% in the area during that time. The predominant age group in Vasse is 10-19 years. Households in Vasse are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Vasse work in a trades occupation.In 2021, 82.60% of the homes in Vasse were owner-occupied compared with 76.30% in 2016.
Vasse has 2,732 properties. Over the last 5 years, Houses in Vasse have seen a 121.20% increase in median value, while Units have seen a 4.75% increase. As at 30 April 2026:
- The median value for Houses in Vasse is $1,130,034 while the median value for Units is $773,148.
- Houses have a median rent of $850.
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