44 Barrack StreetMerredin WA 6415
Property Details for 44 Barrack St, Merredin
Last Listing description (February 2024)
This commercial premises is a great investment opportunity with the potential to earn 3 rental incomes. With main street frontage providing great exposure for businesses there are three shops within this property. Two shops which are currently vacant, share an open internal wall giving the ability to operate as one large shop while the third one is leased to excellent tenants wishing to continue their health food business.These premises could suit a range of business types with large shop front windows, ample parking and plenty of office and storage space including a large secure rear yard with laneway access.Priced at $140,000 and already providing a rental return this is a positive investment opportunity too good to pass up.All enquiries to exclusive selling agents Elders Real Estate. Call local specialist Steve Gregory on 0429 874 874 to arrange your private viewing. AVAILABLE 7 DAYS A WEEK!!
Property History for 44 Barrack St, Merredin, WA 6415
- 03 Jan 2024Sold for $110,000
- 31 Mar 2023Listed for Sale $140,000
- 30 Jul 2002Sold for $57,500
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0About Merredin 6415
The size of Merredin is approximately 249.9 square kilometres. It has 17 parks covering nearly 7.8% of total area. The population of Merredin in 2011 was 2,897 people. By 2016 the population was 2,857 showing a population decline of 1.4% in the area during that time. The predominant age group in Merredin is 20-29 years. Households in Merredin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merredin work in a trades occupation. In 2011, 63% of the homes in Merredin were owner-occupied compared with 60.9% in 2016.
Merredin has 1,952 properties. Over the last 5 years, Houses in Merredin have seen a 133.57% increase in median value, while Units have seen a -32.07% decrease. As at 31 October 2024:
- The median value for Houses in Merredin is $224,630 while the median value for Units is $158,370.
- Houses have a median rent of $380.
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