1 Fathom St, Narrogin is a 20 bedroom, 10 bathroom Unit with 20 parking spaces. The property has a land size of 3672m2.
Tired of volatile returns on the share market?Want better returns than a bank deposit?Preparing for the eventual share market downturn and want something a bit more secure?Want to house your workforce without paying huge sums in weekly rent?Well you're in luck because you can secure 10 fully leased two bedroom apartments which should solve all these problems.Current rental return: $153,140 (with inbuilt 12 monthly rental increases)Rental estimate if rented at current rate: Approximately $170,000Low outgoings.Site area: 2,175sqm (approx)Zoning: R12.5Situated approximately 190km South East of Perth, Narrogin Is a positive growth town with a thriving community in the Southern Wheatbelt region of WA. As a central hub for the region Narrogin provides a number of key community infrastructure assets. These include the Narrogin Regional Hospital, 3 independent primary schools, a high school, TAFE and agricultural college with boarding facilities. Numerous industrial, retail, financial and commercial business call Narrogin home including professional medical services, major banks and child care institutions. The local recreation centre with indoor heated pool and quality sporting fields ensures the sporting community is well catered for.Call now to secure this fantastic investment.
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 2,482 properties. Over the last 5 years, Houses in Narrogin have seen a 116.13% increase in median value, while Units have seen a 46.26% increase. As at 31 October 2024:
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