4 Bussell Highway, Karridale WA 6288

Sold | Business Food/Hospitality | ID# 41661130004

Open for Inspection
By Appointment

4 Bussell Highway, Karridale WA 6288

Going Concern Freehold Tavern & Roadhouse

$2,250,000 (ex GST) PSAV

Situated on approximately two acres of land, and strategically located on a prominent crossroads, the Karridale Tavern and Roadhouse is a prime commercial investment in the highly sought after Margaret River region.

The property has substantial improvements including bars, dining, alfresco dining, bottle shop, roadhouse/convenience store and vehicle refilling station. There is also a separate onsite manager's residence.

Potential for strong capital appreciation as a result of significant planned population growth for the Karridale townsite. The Shire of Augusta Margaret River have approved the Karridale Hamlet Strategy and recently rezoned nearby parcels of land for residential development to facilitate the significant expansion of the existing townsite population.

The Karridale Hamlet strategy envisages an additional 500 persons residing in Karridale within the next 10 years and identifies the development of some 230 housing lots on land nearby the Karridale Tavern & Roadhouse.

Full information memorandum available on request.

For further details or to arrange inspection, please contact John Stott on 0418 105 895 or email john@augustarealestate.com.au

Property Type Business Food/Hospitality
Property ID 41661130004
Street Address 4 Bussell Highway
Suburb Karridale
Postcode 6288
Price $2,250,000 (ex GST) PSAV
Council Zoning Commercial
Land Area 8,066 sqm
Building Area 1,282 sqm
Date Available Now