2/34-36 Egerton StreetNarrogin WA 6312
Property Details for 2/34-36 Egerton St, Narrogin
2/34-36 Egerton St, Narrogin is a 1 bedroom, 1 bathroom Unit and was built in 1981. The property has a land size of 88m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (October 2022)
This is an incredible opportunity for the investor who is wanting to make a good return on their investment with a long term tenant in a very well appointed commercial premises. Situated in the regional hub of Narrogin sits a cafe that is one of the most popular in town. It has been trading for over 30 years and has consistently offered its clientele qreat food and service of the highest quality. The current owner is looking at liquidating this asset but is prepared to lease the premises back on a 5 year lease with a 10% guaranteed return. With the banks currently not paying anything on money sitting in the bank and superannuation funds losing money this is the time to move your money back into property and have a positively geared investment in your portfolio. The property is 88sqm and boasts air conditioning and solar panels. Wont last long with the terms on offer so dont hesitate to contact Tracey Brandner on 0429 814001 for further information.
Property History for 2/34-36 Egerton St, Narrogin, WA 6312
- 14 Jun 2021Sold for $100,000
- 06 Aug 2020Listed for Sale $129,000
- 08 Nov 2006Sold for $175,000
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About Narrogin 6312
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 2,487 properties. Over the last 5 years, Houses in Narrogin have seen a 94.80% increase in median value, while Units have seen a -14.49% decrease. As at 31 August 2024:
- The median value for Houses in Narrogin is $260,211 while the median value for Units is $153,175.
- Houses have a median rent of $390 while Units have a median rent of $250.
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