7839 Albany Highway
Bannister, WA 6390
0.63ha (1.56 acres)
Popular Roadhouse Property
- Well-Established & Popular Tenant
- Long Lease Term
- Land Area 6,302 sqm
The Riverside Roadhouse, Bannister offers investors more than just a strong investment in a tight market, it enables you the chance to secure a piece of history.
Key details of the property are as follows:
• 6-year lease to well established business
• Current rental of $131,127 p.a. excluding management fees
• Operating as an approved service station and café
• Most popular roadhouse between Perth and Albany
The strength of this property is its prime location on the busy Albany Highway, as well as the Tenant who has been in place for 10 years.
The property also offers a value-add opportunity with the Tenant looking to expand with the new owner (subject to negotiation).
Asking Price: $1,700,000 sold as a 'Going Concern
Property ID: 503299674Last Updated: 14 Oct 2019