$850,000

19 Veal Street, Hopetoun, WA 6348


Prime Freehold Commercial Property in Hopetoun – A Lucrative Investment Opportunity

Nestled in the heart of Hopetoun, a thriving coastal township on the South East Coast of WA, this exceptional freehold commercial property offers an unparalleled investment opportunity.

Boasting a prime location in a region marked by expanding tourism and significant population growth, this property presents a promising venture for astute investors.

The building spans an impressive 242 square meters and is strategically divided into three secure tenancies. These tenancies collectively yield a robust gross annual return with outgoings covered by the tenants. The property is situated on a generous land parcel of 1012 square meters, featuring convenient rear lane access and ample parking facilities.

This versatile commercial space is not only poised for immediate income generation but also holds potential for future development. The large land area offers ample room for building expansion, which could further enhance rental income opportunities.

The property's prominent location directly opposite playgrounds ensures high visibility and accessibility, while the top level offers sweeping ocean views, adding to its appeal. This combination of strategic positioning and growth potential makes this property an ideal investment for those looking to capitalize on Hopetoun's burgeoning market.

Don't miss out on this exceptional chance to secure a valuable asset in a rapidly developing area.

Contact exclusive listing agent Steve Lloyd-Smith on 0409 109 674.

Buyers Note: All measurements/dollar amounts are approximate only. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text alone in this advertising in making a purchasing decision.

Property Info

Municipality
Hopetoun
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