HOLDING INCOME ESTIMATE $86,000 NET PER ANNUM
This property is an outstanding example of early Narrogin Federation Style architecture and offers excellent street front exposure, top location with a great mix of professional and retail tenancies. Currently six tenancies in total with potential to subdivide further and would suit an Owner Occupier, Investor or Superannuation Fund.
The property is situated on the corner of the iconic Federal Street and Fortune Street with massive street front exposure in the main thriving retail and commercial business centre of Narrogin. Federal Street frontage is 53 metres, Fortune Street frontage 28 metres with convenient rear access off Fairway Street of 37 metres and boasts a total land area of 2,342 sqm with approximately 1,300m building area across all three titles.
Zoned as Mixes Use, Central Business with additional R50 Residential zoning.
Narrogin is a thriving, prosperous community located in the southern wheat belt region of Western Australia. Situated approximately 192 kilometres south east of Perth and 32 kilometres east, north east of Williams and is known as a busy financial, retail, commercial and industrial hub, centrally located to Cuballing, Wickepin, Highbury and Wagin.
The town boasts top class community facilities and services including Narrogin Regional Hospital, professional medical services, major banks, accountancy practices, legal firms, educational and child care institutions, sporting facilities and service organisations. Not to mention all the thriving small businesses including supermarkets, homeware outlets, bakeries, fast food outlets, cafes, restaurants, hotels and numerous speciality stores.
For further information please contact Joe White on 0417 939 715 joe@jmw*** or Rob Farris on 0418 956 700 rob@jmw***
Disclaimer: While we have made diligent efforts to ensure the accuracy of the information presented in this document, we do not assume any responsibility and hereby disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Parties with interest are advised to independently verify the information provided in this material. Licensee: JMW (WA) Pty Ltd ABN 25 678 771 465.
