SOLD
Sold on 13 May 2024 for $595,000

40 Warren Road
Nannup WA 6275

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2m2
Land area: 1091m2
Sold By
NAI Harcourts Regional Commercial
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Property Details for 40 Warren Rd, Nannup

Building Type
Commercial
Year Built
1951
Floor Size
2m2
Land Size
1091m2
Local Government
Nannup
Lot/Plan
4/D015100

Last Listing description (July 2024)

This property is situated on the main road through Nannup, where there is always a hive of activity.The block is 1,090 sqm with a commercial building at the front and an adjoining 2 bedroom /1 bathroom dwelling at the rear of the building. The building is tenanted by Nannup Bakery, a busy shop occupying 115m2 of kitchen and retail space in the commercial section of thebuilding. They have been in this space since 2016 and have kept it in good condition.There is over 500m2 of land behind the building backing onto a laneway allowing for dual access to the property. There is a possibility of subdividing this land at the back subject to the relevant approvals.There's a shortage of good commercial space in the region and a lot of growth of people moving into to the area, so get in quick to secure a good return on this investment .If you would like to know more about this outstanding property, please contact Oliver Kietzmann on: 0409 449 935.NAI HARCOURTS : Local Experts | International Network | Global Resources

Property History for 40 Warren Rd, Nannup, WA 6275

A timeline of how this property has performed in the market
Last Sold
$595,000
13 May 2024
  • 15 May 2024
    Listed for Sale Offers over $595,000 considered
  • 13 May 2024
    Sold for $595,000
  • 10 Mar 2023
    Listed for Sale Offers over $595,000 considered
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About Nannup 6275

The size of Nannup is approximately 245.2 square kilometres. It has 16 parks covering nearly 61.2% of total area. The population of Nannup in 2011 was 993 people. By 2016 the population was 935 showing a population decline of 5.8% in the area during that time. The predominant age group in Nannup is 60-69 years. Households in Nannup are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nannup work in a managers occupation. In 2011, 69.4% of the homes in Nannup were owner-occupied compared with 73.2% in 2016.

Nannup has 916 properties. Over the last 5 years, Houses in Nannup have seen a 96.13% increase in median value, while Units have seen a 468.26% increase. As at 30 November 2024:

  • The median value for Houses in Nannup is $609,818 while the median value for Units is $169,875.
  • Houses have a median rent of $340.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Nannup on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Nannup.

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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.