Press Release

East Bunbury flexible large format offering hits the market

Perth

February 12, 2024

Media Contact

Imogen Braddock

Senior Communications Specialist, Australia

Photo of imogen-braddock

Four East Bunbury allotments with a combined land holding of 6,849sqm have been listed for sale by a local family after 33 years of ownership. 

 

Located at 48 and 54 Strickland Street, the site has a total building area of 3,430sqm and 31 car bays. The four allotments include a freestanding showroom, a warehouse, office space and a hardstand area. 

 

CBRE’s Chloe Mason and Lachlan Andrew are managing the sale via an Offers to Purchase campaign, closing 7th March 2024.

 

“The sale offers an unrivalled opportunity to secure a strategically located landholding positioned within Bunbury’s primary retail and commercial precinct,” Mr Andrew said. 

 

“The location has prime street exposure and proximity to the Bunbury Homemaker Centre allowing for a variety of businesses to benefit from the traffic attracted by surrounding national occupiers.” 

 

Ms Mason added, “The offering will appeal to a large cross section of potential purchaser types including both owner occupiers and investors as the properties can be acquired with vacant possession, in-one-line or individually, offering great flexibility. 

  

“Bunbury is currently going through a significant growth phase with major private and public investment occurring, which is further enhancing the city’s appeal and driving a jobs-led boost to the local economy.” 

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.