27 Station Road started its life as a family residence on nearly half an acre adjoining the High School farm, but a complete refurbishment has seen it transformed into modern office premise on a site suitable for further development.
The site is 1,930sqm and has a wide 27.4 metre frontage. The Service Commercial zoning provides for a range of uses including medical centre, office, and showroom and caretakers residence. A full list of permitted and discretionary uses is available on request.
Station Road is an active Service Commercial locality and features a number of Margaret River’s most well-known businesses, including Home Hardware, Blue Ginger, Retravision and the Margaret River Surgery.

The improvements comprise a rendered brick and tile roof dwelling that has been fully refurbished and converted to offices (approx. 154sqm gross floor area including storage). The accommodation internally consists of three separate and private offices, a reception/office area, an office/meeting room, kitchen and universal access bathroom and WC. The garage has been converted into a secure storage area and is accessible from the office.

The internal finish comprises painted plasterboard walls and ceilings, carpeted floors to all office areas, vinyl floors to the kitchen and rear entry area and tiles to the bathroom and WC. The building has been cabled for telephone and computer services, has a security system and ducted air-conditioning is fitted throughout.

Overall the premises provide well-appointed and spacious offices with a large and open reception, good kitchen and bathroom amenities and plenty of storage.

Externally there is a covered and paved patio area at the rear of the offices (approx. 25sqm) ideal for staff lunches and relaxing after work and a Roll-A-Door provides access to the garage/storage area. Bitumen sealed parking for five vehicles and access driveway are provided at the front of the building.

The balance of the site consists of a grassed and fenced yard and is accessible via gates on either side of the office building.

The site is not currently fully developed and additional development is possible subject to relevant approvals.
The Town Planning Scheme provides for a plot ratio of 0.5 and a site coverage of 75%. Based on the land area of 1,930sqm the site can accommodate 965sqm of gross building area. The current building has a gross floor area of approximately 154sqm which represents 16% of the total allowed. However, the current building occupies about 700sqm (or approximately 36%) of the total and area including the carpark and landscaping etc. therefore the site is effectively 64% under developed and this provides for future development potential and/or expansion of your business.

The property is currently leased on a two (2) year lease with options at $26,000 per annum plus outgoings and provides a regular income until redevelopment at a future time.

Ideally suited to an investor seeking a rental return and additional land for future development.
Property Features:
andbull; Prime location in an active and vibrant Service Commercial precinct
andbull; 1,930sqm lot with wide 27.4 metre frontage
andbull; Brick offices with gross floor area of approx. 154sqm
andbull; 3 offices, reception/office area, meeting area and kitchen
andbull; Universal access bathroom, spacious store room
andbull; Air-con, cabled for data and telephone and security system
andbull; 5 parking bays bitumen sealed
andbull; Additional land for further development
andbull; Leased at $26,000 per annum plus outgoings

Shire of Augusta Margaret River Rates: $2,678.39 p.a.
Water Corporation Service Charge: $225 p.a. (estimated)

Contact Margaret River Real Estate Agent Ray Stocker on 0418 932 746 for further information.