From $3,700,000 Nil GST

27 Binda Place, Bindoon, WA 6502

Premium Investment Opportunity – Iconic Bindoon Bakery & Established Tenants (6.5% Net Return)

A rare opportunity to acquire a high-yielding commercial asset in the heart of Bindoon, offering a secure 6.5% net return with long-term, established tenants. This prime retail investment is anchored by the renowned Bindoon Bakery, a significant regional landmark that attracts strong local and tourist patronage.

Two additional long-term occupiers complement this flagship tenant, ensuring a diversified income stream with secured leases, fixed rent reviews, and renewal options. Positioned in a high-exposure location along the Great Northern Highway, this property benefits from consistent foot traffic and strong demand for commercial space.

Investment Highlights
✔ High-yielding asset with a 6.5% net return
✔ Fully leased to three established tenants with secure lease terms
✔ Prime main street location with excellent exposure and accessibility
✔ Minimal management required, offering a passive income opportunity
✔ Strong rental growth potential supported by fixed rent reviews

Lease & Tenancy Details

Tenancy A – Bindoon Bakery (Anchor Tenant)
5-year lease: 20/09/2022 – 19/09/2027
Two further 5-year options, securing tenancy until 19/09/2037
Established business with a strong customer base and regional significance

Tenancy B – Dental Practice
5-year lease: 01/03/2023 – 29/02/2028
5-year renewal option, securing tenancy until 28/02/2033
Essential healthcare provider ensuring stable, long-term occupancy

Tenancy C – Gift Shop
Annual lease with renewal options, secured until 20/10/2027
Popular local retailer benefiting from consistent foot traffic
Strategic Location & Growth Potential

Bindoon is a key commercial hub along Western Australia's Great Northern Highway, offering strong economic fundamentals and growing tourism appeal. The town is well-supported by agriculture, retail, and hospitality sectors, driving demand for quality commercial properties.

✔ Proven retail location with strong passing trade
✔ High-demand commercial precinct with limited supply
✔ Strategic growth area with continued infrastructure investment

Enquire Today
This is an outstanding opportunity to secure a high-performing commercial asset with stable income, long-term tenant retention, and significant future growth potential.