FOR SALE
$350,000

3 Clayton Road
Narrogin WA 6312

Bedrooms: -
Bathrooms: 1
Car spaces: 7
Floor area: 320m2
Land area: 1012m2
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AMAZING OPPORTUNITY

If you're in search of a lucrative commercial investment opportunity, look no further than 3 Clayton Road in Narrogin. This exceptional commercial complex is positioned perfectly to maximize exposure and returns on your investment.
Situated prominently on Clayton Road, this property boasts a range of features that make it a prime choice for savvy investors. The complex is designed to cater to a variety of business needs and includes a spacious showroom, a well-equipped warehouse section, a functional office area, and ample parking space to accommodate both customers and employees.
One of the most appealing aspects of this investment is the current lease agreement in place with a long-term tenant. This lease is locked in until late 2029, offering stability and a guaranteed stream of income for the foreseeable future. What's more, there's even a 5-year option for extension beyond 2029, providing the potential for ongoing rental income and security for your investment.
Narrogin is a thriving regional hub, and properties like 3 Clayton Road are in high demand due to the growing business community in the area. The strategic location of this commercial complex ensures that it remains a sought-after destination for businesses looking to establish or expand their presence in the region.

Property Details for 3 Clayton Rd, Narrogin

3 Clayton Rd, Narrogin is a 0 bedroom, 1 bathroom Studio with 7 parking spaces. The property has a land size of 1012m2 and floor size of 320m2. The place is currently for sale with Elders Real Estate Narrogin.

Building Type
Studio
Floor Size
320m2
Land Size
1012m2

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About Narrogin 6312

The size of Narrogin is approximately 13.1 square kilometres. It has 21 parks covering nearly 18.5% of total area. The population of Narrogin in 2011 was 4,219 people. By 2016 the population was 4,268 showing a population growth of 1.2% in the area during that time. The predominant age group in Narrogin is 10-19 years. Households in Narrogin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narrogin work in a trades occupation. In 2011, 62.8% of the homes in Narrogin were owner-occupied compared with 61.1% in 2016.

Narrogin has 2,485 properties. Over the last 5 years, Houses in Narrogin have seen a 119.34% increase in median value, while Units have seen a 35.69% increase. As at 30 November 2024:

  • The median value for Houses in Narrogin is $291,277 while the median value for Units is $194,826.
  • Houses have a median rent of $370 while Units have a median rent of $250.
There are currently 12 properties listed for sale, and no properties listed for rent in Narrogin on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Narrogin.

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