38 Austral TerraceKatanning WA 6317
Property Details for 38 Austral Tce, Katanning
38 Austral Tce, Katanning is a 12 bedroom, 3 bathroom House. The property has a land size of 2027m2.
Last Listing description (August 2024)
Prominent and Premier position in the town, this iconic F & C Piesse building has a long history of retail.
Boasting a mixed range of tenancies.
Featuring a central courtyard with cathedral ceiling that filters in plenty of natural light and is a centre piece of the building.
With the ground floor being retail and the second storey being accommodation with the sellers having short to long-term rental for contractors or back packers.
A large retail area has two entrance ways one being Austral terrace and the other from the Woolworths complex. With a large parking area, chicken treat, baker, newsagency and pharmacy all in the Woolworths complex.
On either side of the building are new redevelopments.
On the left is the Shire of Katanning redeveloping the Katanning Hotel into office space and a new shire administration and civic building to be constructed.
To the right-hand side, Dome are developing the first Dome Inn in the historic Premier floor mill.
This development will have a Dome restaurant and up market accommodation.
With the two above developments on both sides creating great retail and foot traffic potential.
Zoning: Commercial
Parking: Ample parking, 9 bays out the front on Austral terrace and 18 Bays opposite Austral terrace.
Entrance: The property has duel entrances on the ground floor via Austral terrace or Woolworths complex.
Land are: 327m2
Please make inquiry for full details regarding leases, outgoings, tenancies and rents.
Property History for 38 Austral Tce, Katanning, WA 6317
- 26 Aug 2024Listed for Sale $1,750,000
- 01 Dec 2023Listed for Sale $1,750,000
- 28 Mar 2017Listed for Sale $1,750,000
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0About Katanning 6317
The size of Katanning is approximately 136.3 square kilometres. It has 21 parks covering nearly 1.8% of total area. The population of Katanning in 2011 was 4,182 people. By 2016 the population was 3,688 showing a population decline of 11.8% in the area during that time. The predominant age group in Katanning is 50-59 years. Households in Katanning are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Katanning work in a labourer occupation. In 2011, 61.7% of the homes in Katanning were owner-occupied compared with 60.2% in 2016.
Katanning has 2,291 properties. Over the last 5 years, Houses in Katanning have seen a 101.46% increase in median value, while Units have seen a 45.49% increase. As at 31 October 2024:
- The median value for Houses in Katanning is $264,583 while the median value for Units is $221,215.
- Houses have a median rent of $400 while Units have a median rent of $180.
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