- 1,470 m2
Description
PASSIVE PROPERTY INVESTMENT – 7.5% NET RETURN
The Carbunup River General Store & Liquor Store offers a rare opportunity to acquire a high-visibility roadside asset with consistent local and tourist traffic in one of the South West’s fastest-growing regions.
Positioned near the scenic Carbunup River and key transport routes, this well-located property combines strong commercial potential with long-term investment appeal.
Key Features:
• Site includes a general store, liquor store & fuel station
• Brand new 25 year lease term (10 + 5 + 5 + 5 Years)
• Strong business operation and tenant in place
• Starting net annual rent of $120,000 P.A. + GST + OGS
• Annual 3.5% increases
• 7.5% Net Return – From $1,690,000
• 1,470sqm landholding + significant improvements
• Market review at 10 year option renewal and each subsequent option thereafter
• One underground tank divided into three compartments
• Fibreglass tanks and installed in February 2021
• Liquor Licence remains with the property
**BUSINESS NOT INCLUDED**
For further details please contact Jonathon Parker on 0417 140 882 or jonathon@platinumbusiness.com.au or Craig White on 0417 924 444 or craig@empireproperty.com.au
