Looking for an investment or to be the owner operator from one of the most prominent retail premises in Wongan Hills? An opportunity exists to setup in this thriving country location with the property being offered for sale and the adjoining IGA store (not for sale) being in the busy, highly exposed hub of Wongan Hills.
The modern look, well-constructed building boasts 4 shop fronts with generous window frontage and a combined 563 sqm (approximately) of floor space, situated on a large 1424 sqm block.
Main street angle parking on Fenton Place plus rear lane private parking area accessible via Elphin Crescent.
The ablution block on the east side of the building has a male and female section with an added storage room.
Rarely does this type of investment opportunity present itself to the market. The property is located in a high traffic flow area of Wongan Hills and is a well recognized building in the region.
Current shire rates $6422.91
The property is offered for genuine sale.
Contact Exclusive Selling agent Aaron Goulden on 0428 435 784 for further details and inspection.
The size of Wongan Hills is approximately 236.2 square kilometres. It has 10 parks covering nearly 13.6% of total area. The population of Wongan Hills in 2011 was 1,127 people. By 2016 the population was 882 showing a population decline of 21.7% in the area during that time. The predominant age group in Wongan Hills is 0-9 years. Households in Wongan Hills are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wongan Hills work in a trades occupation. In 2011, 61.6% of the homes in Wongan Hills were owner-occupied compared with 60.6% in 2016.
Wongan Hills has 831 properties. Over the last 5 years, Houses in Wongan Hills have seen a 82.75% increase in median value, while Units have seen a 15.01% increase. As at 30 November 2024:
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