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 2,482 properties. Over the last 5 years, Houses in Narrogin have seen a 116.13% increase in median value, while Units have seen a 46.26% increase. As at 31 October 2024:

  • The median value for Houses in Narrogin is $279,727 while the median value for Units is $167,042.
  • Houses have a median rent of $350 while Units have a median rent of $250.
There are currently 7 properties listed for sale, and no properties listed for rent in Narrogin on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Narrogin.

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