FOR SALE
$995,000 SOLD AS A GOING CONCERN (NIL GST)

83 Federal Street
Narrogin WA 6312

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1300m2
Land area: 2342m2
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GREAT INVESTMENT OPPORTUNITY WITH MANY OPTIONS

HOLDING INCOME ESTIMATE $86,000 NET PER ANNUM
This property is an outstanding example of early Narrogin Federation Style architecture and offers excellent street front exposure, top location with a great mix of professional and retail tenancies. Currently six tenancies in total with potential to subdivide further and would suit an Owner Occupier, Investor or Superannuation Fund.
The property is situated on the corner of the iconic Federal Street and Fortune Street with massive street front exposure in the main thriving retail and commercial business centre of Narrogin. Federal Street frontage is 53 metres, Fortune Street frontage 28 metres with convenient rear access off Fairway Street of 37 metres and boasts a total land area of 2,342 sqm with approximately 1,300m building area across all three titles.
Zoned as Mixes Use, Central Business with additional R50 Residential zoning.
Narrogin is a thriving, prosperous community located in the southern wheat belt region of Western Australia. Situated approximately 192 kilometres south east of Perth and 32 kilometres east, north east of Williams and is known as a busy financial, retail, commercial and industrial hub, centrally located to Cuballing, Wickepin, Highbury and Wagin.
The town boasts top class community facilities and services including Narrogin Regional Hospital, professional medical services, major banks, accountancy practices, legal firms, educational and child care institutions, sporting facilities and service organisations. Not to mention all the thriving small businesses including supermarkets, homeware outlets, bakeries, fast food outlets, cafes, restaurants, hotels and numerous speciality stores.
For further information please contact Joe White on 0417 939 715 joe@jmwrealestate.com.au or Rob Farris on 0418 956 700 rob@jmwrealestate.com.au
Disclaimer: While we have made diligent efforts to ensure the accuracy of the information presented in this document, we do not assume any responsibility and hereby disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Parties with interest are advised to independently verify the information provided in this material. Licensee: JMW (WA) Pty Ltd ABN 25 678 771 465.

Property Details for 83 Federal St, Narrogin

Building Type
Commercial
Floor Size
1300m2
Land Size
2342m2

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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, 133 properties were sold in the past 12 months in Narrogin.

Suburb Insights for Narrogin 6312

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Joe White
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Rob Farris
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JMW Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.