19 Veal Street, Hopetoun WA 6348 | LJ Hooker Subiaco

The Hopetoun Shopping Centre situated at 19 Veal Street, Hopetoun Western Australia, is the central hub of the town. With over six individual shops comprising of both a Caf and a Chemist under long leases, this is not an opportunity to miss!

In a prime location with magnificent beachfront views, the Hopetoun Shopping Centre is looking for its new Owner. As one of the most beautiful seaside towns in Western Australia, this unique opportunity is a once in a lifetime chance to invest in one of country WA’s most idyllic locations, UNESCO designating the Fitzgerald National Park a biosphere. With over $40 million being spent by the state government in upgrading facilities in and around Hopetoun, this vibrant township is on its way to being the No1 destination in the southwest. With all roads being sealed, local wildflowers a major attraction, fishing spots, 4wd tracks, improved camping facilities and whale watching from many points in the park, visitor numbers have improved dramatically!

With mining on the up the Mt Catlin Lithium Mine in production and Galaxy Resources commencing exploration, drill rigs reappearing, and accommodation prices increasing, this quaint little town is really starting to boom again.

This Hopetoun Shopping Centre is situated on a 1012sqm property, practically on the pristine waters of the Southern Ocean. The layout of the shopping centre is as follows:

LOT 1 FRONT
Shop 1. Therapeutic Message – Floor area 27sqm with ocean views
Shop 2. Chemist. Floor area 50.49sqm with ocean views
Shop 3. Caf/Supermarket. Floor area 165sqm

LOT 2 REAR
With access via a rear laneway, this R50 development block with a 20m frontage means a discerning buyer could erect 5 dwellings, a block of flats, an office block, or subdivide and sell it off.

RETURN ON INVESTMENT
Asking $800,000 – $850,000, this investment property has a very attractive R.O.I. in today’s market. With the Ravensthorpe Nickel Mine, the Lithium mine in production and the Medallion gold mine about to start, interest in the area is increasing. With this block, you are effectively you getting the development block to the rear for FREE. Whether you sell, subdivide this rare opportunity makes for a very attractive investment.