SOLD
RECENT ADVICE
Sold on 28 Mar 2024 for $625,000

14/16 Eric Sewell Way
Narngulu WA 6532

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2177m2
Sold By
Matthew Poynton
Activewest Real Estate
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Property Details for 14/16 Eric Sewell Way, Narngulu

Building Type
Commercial
Land Size
2177m2
Local Government
Greater Geraldton

Last Listing description (May 2024)

Located in the Midwest's prime Light Industrial area Narngulu, these two properties are being offered for sale as one parcel. Strategically situated on Eric Sewell Way with excellent exposure to the Southern Transport Corridor; the major transport link for mining, industrial, and agricultural operations. This gives enormous potential for signage to passing traffic, and accessibility to the wider industrial areas. The sites are easily accessed via Edward Road, or the Southern Transport Corridor, and only 6.5km from Webberton.The improvements include a large, modern workshop entirely contained within one titled boundary. The workshop features:- 5m high clearance doors on each side of workshop- 6.5kw solar panel array- 3 phase power throughout- LED lighting- amenities including offices, ablutions, and separated tool cage / work area- shade sail in external parking area- secure fencing, and several access points- good potential for large vehicle movement and laydownProperties of this nature are currently highly sought after, and in short supply, and this one will sell quickly. It lends itself to several business types, and may suit owner/occupiers or investors. Given the developments planned in the Midwest, this property has enormous potential for capital growth, and represents an excellent opportunity to obtain a landholding in a tightly held area.Contact exclusive listing agent Matt Poynton on 0437 770 301 for more detail.Note: These properties are being offered freehold only.

Property History for 14/16 Eric Sewell Way, Narngulu, WA 6532

A timeline of how this property has performed in the market
Last Sold
$625,000
28 Mar 2024
  • 28 Mar 2024
    Sold for $625,000
  • 14 Dec 2023
    Listed for Sale $650,000 + GST

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About Narngulu 6532

The size of Narngulu is approximately 25.2 square kilometres. The population of Narngulu in 2011 was 508 people. By 2016 the population was 379 showing a population decline of 25.4% in the area during that time. The predominant age group in Narngulu is 20-29 years. Households in Narngulu are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narngulu work in a machinery operators and drivers occupation. In 2011, 87.1% of the homes in Narngulu were owner-occupied compared with 91.3% in 2016..

Narngulu has 256 properties.

    There are currently no properties listed for sale, and no properties listed for rent in Narngulu on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Narngulu.

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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.