FOR SALE
$310,000 + Stock at Valuation

3 Vasey Street
Jerramungup WA 6337

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 2003m2
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Diverse Performing Business in Jerramungup

Homestead Hardware is a well known business that has operated in Jerramungup for a number of years. The current owners have had the business for the last 2 years.
The business premises contains an independent hardware store with everything from quality tools to paint to protective clothing to garden supplies. The hardware operation is run in tandem with the Jerramungup Post Office.
The overall business predominantly services Jerramungup and surrounding area, with the majority of it's clients being based in the Agricultural sector. The business prides itself on providing excellent service to it's clients.
There is scope to incorporate other products and services and expand the offering and reach of the overall business.
The business operates with 2.0 FTE equivalent owners.
The business would be ideally suited to a couple looking to be nestled close the south coast and within proximity of the coastal communities of Albany and Bremer Bay.
The building premises of 407m2 are zoned showroom and are situated at 3 Vasey Street, Jerramungup, on a 2033m2 block, with front and side access.
The business insurance covers public liability, building, business interruption, burglary and theft, glass, motor vehicle, plant & equipment and stock.
Rates for the property for 2023/24 are $2,690.73.
The business adjusted net profit for the last 2 years after addbacks is $155k.
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Property Details for 3 Vasey St, Jerramungup

3 Vasey St, Jerramungup is a 1 bedroom, 1 bathroom Other. The property has a land size of 2003m2. The place is currently for sale with Nutrien Harcourts WA.

Building Type
Other
Land Size
2003m2

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About Jerramungup 6337

The size of Jerramungup is approximately 1,072.3 square kilometres. It has 3 parks covering nearly 25.5% of total area. The population of Jerramungup in 2011 was 482 people. By 2016 the population was 354 showing a population decline of 26.6% in the area during that time. The predominant age group in Jerramungup is 30-39 years. Households in Jerramungup are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Jerramungup work in a managers occupation. In 2011, 60% of the homes in Jerramungup were owner-occupied compared with 53.5% in 2016.

Jerramungup has 317 properties.

    There are currently 5 properties listed for sale, and 2 properties listed for rent in Jerramungup on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Jerramungup.

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