Busselton Central, 30-35 Kent Street, Busselton, WA 6280

Retail
|Hotel/Leisure
|Showrooms/Bulky Goods
Contact Agent
Published on: 26 Jun 2024
Last updated on: 24 Jul 2024
Busselton Central, 30-35 Kent Street, Busselton, WA 6280
Busselton Central, 30-35 Kent Street, Busselton, WA 6280
Busselton Central, 30-35 Kent Street, Busselton, WA 6280
+14
Busselton Central, 30-35 Kent Street, Busselton, WA 6280
  • 14
Property ID: 504624432
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Key property information

Land Size
30,397.00 m2
Floor Area
13,295.00 m2

Newly-Redeveloped Neighbourhood Centre in Growth Hotspot

Busselton Central, 30-35 Kent Street, Busselton, WA 6280
Stonebridge & CBRE are pleased to present for sale Busselton Central, a strong-performing Coles & Reading Cinemas anchored neighbourhood shopping centre.   

The key highlights of the opportunity include:

   -  The dominant retail offering in Busselton, anchored by a Coles supermarket & Reading Cinema plus 4 destinational mini-majors & 31 shops

   -  Major $45 million redevelopment & expansion completed in 2023 providing exceptional depreciation benefit potential 

   -  Occupies two high-profile, triple-fronted sites totalling 30,397 sqm* in the epicentre of Busselton CBD, a burgeoning growth & tourism hotspot

   -  Large total trade area of 66,276 people with high population growth of 2.1% p.a. and retail expenditure growth of 4.6% p.a. to 2031^

   -  Strong income growth prospects with low specialty gross rents, majority annual fixed % or CPI increases and Coles trading near percentage rent 

   -  Opportunity for further site intensification with DA approval in place 

   -  Estimated fully leased net operating income of $5.07 million p.a.* 

 To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Stonebridge & CBRE.

Stonebridge Property Group:

Philip Gartland
0403 582 324

Justin Dowers
0438 098 805

CBRE:

James Douglas 
0419 973 245

 ^ LocationIQ
* Approximately

Property Code: 995
        

Property Details

Basic Info

Property Type
RetailHotel/LeisureShowrooms/Bulky Goods
Listing Status
On Market
Land Size
30,397.00 m2
Address
Busselton Central, 30-35 Kent Street, Busselton, WA 6280
Philip Gartland
Justin Dowers
Level 19, 627 Chapel Street, South Yarra, Vic 3141
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Contact Agent

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street, South-Yarra, Vic

Philip Gartland
Philip Gartland
Justin Dowers
Justin Dowers

CBRE - Sydney

Level 21, 363 George Street, Sydney, NSW

James Douglas
James Douglas
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      Property ID: 504624432

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