27 Binda Place, Bindoon

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.

📞 For further details or to arrange a confidential discussion, please contact:
📌 Doreen Sharma – 0415 070 683
📌 Brian McAllister – 0418 869 354

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.