|Address||Corner Bussell Highway and Northerly Street, Vasse|
|Net Lettable Area||Tenancies from 400 to 1,500 square metres|
|Asking Net Rental||From $190.00 per square metre (exclusive of GST)|
|Asking Price||From $525,000.00 (exclusive of GST)|
|Zoning||“Commercial” (Vasse Village Centre Detailed Area Plan No. 3)|
|Car Parking||135 parking bays available on-site with additional parking on adjacent streets|
|Outgoings||Estimated at $35.00 per square metre per annum (plus GST)|
|Availability||End of 2019|
Located on the busy Bussell Highway in Vasse, this proposed modern large format retail development will provide retailers with an excellent retail opportunity in a high growth area.
The development is situated in the central Vasse Village and will be comprised of thirteen showroom tenancies ranging from 400 square metres to 1,500 square metres. The site will be attractively landscaped and is anchored by a new Coles supermarket, medical centre, McDonalds, service station and specialty stores trading within a new main street.
The subject property is located approximately 10 kilometres west of the town of Busselton and 240 kilometres southwest of Perth. Busselton has been, and still is, Australia’s fastest growing suburb for the past five years and in excess of 500,000 visitors are attracted to the region every year.
The subject site has excellent visibility to traffic from both east and west directions along the Bussell Highway and is exposed to a further 400,000 visitors per annum passing through Vasse on their way to Dunsborough, Margaret River and Augusta utilising the Busselton Bypass and Bussell Highway. An analysis conducted by Uloth & Associates has determined that over 5 million vehicles passed Vasse Village during the 12 months from 1 February 2017 to 31 January 2018.
As the only town centre situated on the Bypass Road, Vasse Village Centre will be the first visible Town Centre between Perth, Dunsborough and Margaret River, making the proposed showroom development an ideal location for tourists and locals to visit.
Tenancies from 400 to 1,500 square metres
Lot 113 – 2,258sqm | $890,000 plus GST
Lot 114 – 1,274sqm | $525,000 plus GST
Lot 115 – 3,618sqm | Under Offer