OFF MARKET

92 Morgans Street
Ravensthorpe WA 6346

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 277m2
Land area: 1012m2
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Property Details for 92 Morgans St, Ravensthorpe

Building Type
Commercial
Year Built
1987
Floor Size
277m2
Land Size
1012m2
Local Government
Ravensthorpe
Lot/Plan
128/P223075

Last Listing description (February 2023)

Two for the price of one!
Opportunities like this don't come along often. Buy this block with its two separate buildings and enjoy the benefits of dual revenue.
The well equipped cafe restaurant to the front is leased as the locally renowned "Ravy Country Kitchen". Popular amongst tourists and locals alike, Selena's country cooking is a staple of Ravensthorpe. This centrally located restaurant enjoys a steady stream of local, mining & tourist traffic in this emerging mining region.

The workshop to the rear is currently used as storage space but bodes well for another business entity. This building could house a separate business as it has its own office and work space.
Both buildings have generous space for parking and drive through access.
Take advantage of this rare opportunity to secure two buildings in the main street of Ravensthorpe. Call Sue Hall today 0428 711 576

Property History for 92 Morgans St, Ravensthorpe, WA 6346

A timeline of how this property has performed in the market
Last Sold
$139,000
10 Dec 2022
  • 10 Dec 2022
    Sold for $139,000
  • 15 May 2019
    Listed for Sale $159000 + gst
  • 26 Aug 2006
    Listed for Sale Not Disclosed
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About Ravensthorpe 6346

The size of Ravensthorpe is approximately 2,540.8 square kilometres. It has 15 parks covering nearly 5.8% of total area. The population of Ravensthorpe in 2011 was 391 people. By 2016 the population was 482 showing a population growth of 23.3% in the area during that time. The predominant age group in Ravensthorpe is 50-59 years. Households in Ravensthorpe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ravensthorpe work in a managers occupation. In 2011, 47.9% of the homes in Ravensthorpe were owner-occupied compared with 56.4% in 2016.

Ravensthorpe has 928 properties. Over the last 5 years, Houses in Ravensthorpe have seen a 85.45% increase in median value, while Units have seen a 27.35% increase. As at 31 October 2024:

  • The median value for Houses in Ravensthorpe is $214,415 while the median value for Units is $368,259.
  • Houses have a median rent of $385.
There are currently 24 properties listed for sale, and 9 properties listed for rent in Ravensthorpe on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Ravensthorpe.

Suburb Insights for Ravensthorpe 6346

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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.