Bunbury beach Motel and development site for sale by Ray White Commercial (WA)
The prime redevelopment site with motel is located in the south west WA city of Bunbury, within a Tourism R-80 zone. For sale by Stephen Harrison and Phil Zoiti of Ray White Commercial (WA).
The beach front Ocean Beach Motel and adjoining land with apartments in Bunbury, WA, south west of Perth, have come to market exclusively through Stephen Harrison and Phil Zoiti of Ray White Commercial (WA), via an expressions of interest campaign.
Consisting of two adjoining properties with duel street frontages and a total land holding of 3,400sqm (approx.), the sale presents an opportunity to acquire both a cash flow generating going concern and prime development site, delivering investors with potential to redevelop the combined properties.
Positioned across Ocean Drive from the beach, the Ocean Beach Motel at 123 Ocean Drive includes approximately 852sqm of gross building area, including office/reception, 15 motel units, commercial laundry facilities and managers unit.
123 Ocean Drive at a glance:
Land area of 2,579sqm approx.
Approx. 58.31 metre frontage
Zoned Tourism R-80
852sqm of gross building area
Beach front location (only separated by Ocean Drive)
Positioned on approx. 821sqm of land adjacent to the Ocean Beach Motel, 14 Greensell Street includes four adjoining 1 bedroom short stay units and a fifth bed-sit unit at its northern end.
14 Greensell Street at a glance:
29 metre frontage
250sqm (approx.) of gross building area
Zoned Tourism R-80
Financial statements, building plans, development concepts and other due diligence material is available on request.
Source: Ray White Commercial (WA)
Expressions of Interest close Thursday 10 June 2021 at 5pm (AWST).
To arrange a private inspection or enquire about a price guide phone or email Stephen Harrison of Ray White Commercial (WA) or Phil Zoiti of Ray White Commercial (WA) via the contact form below.
