FOR SALE
From $398,000.00

8 Stewart Street
Dowerin WA 6461

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 141m2
Land area: 770m2
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**Investment Opportunity in Dowerin, Western Australia**

Discover a distinguished investment opportunity in historic Dowerin with this character-filled property reminiscent of the early 1900s. Located centrally, this brick building currently houses the National Australia Bank (NAB), offering a secure and lucrative rental income.
**Property Features:**
- Prime location in the heart of Dowerin, Western Australia.
- Character-rich brick building spanning approximately 210sqm.
- Leased to National Australia Bank, ensuring stable rental returns.
- Well-maintained commercial space with adaptable interiors.
- Separate residential component ripe for renovation.
- Commercial/Town Residential l zoning under Shire of Dowerin TPS 3.
**Lease Details:**
- Original Lease Start: 13th March 1999.
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Property Details for 8 Stewart St, Dowerin

Building Type
Commercial
Floor Size
141m2
Land Size
770m2

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About Dowerin 6461

The size of Dowerin is approximately 292 square kilometres. It has 6 parks covering nearly 0.8% of total area. The population of Dowerin in 2011 was 372 people. By 2016 the population was 474 showing a population growth of 27.4% in the area during that time. The predominant age group in Dowerin is 0-9 years. Households in Dowerin are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Dowerin work in a managers occupation. In 2011, 69.2% of the homes in Dowerin were owner-occupied compared with 66.9% in 2016.

Dowerin has 529 properties. Over the last 5 years, Houses in Dowerin have seen a 53.21% increase in median value, while Units have seen a 233.27% increase. As at 31 August 2024:

  • The median value for Houses in Dowerin is $183,522 while the median value for Units is $662,807.
There are currently 2 properties listed for sale, and no properties listed for rent in Dowerin on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Dowerin.

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Kerrie-lee Marrapodi
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Nigel Peters
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