Reiwa Reiwa
1-10/23 Fathom Street, Narrogin WA 6312

1-10/23 Fathom Street, Narrogin WA 6312

Sold price: $1,850,000
Sold
Sold: 01 Apr 2025

20 Bedrooms

10 Bathrooms

20 Cars

Landsize 2,175m2

Unit

Contact the agent

Scott Banister-Jones

0438933634

Scott BJ Properties


SOLD

Safe as houses.... 10 of them!
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 strata titled 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 $170,000
Low outgoings.
Site area: 2,175sqm (approx)
Zoning: R12.5
Strata titled

Situated 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.

Property features

  • Garages 20

Nearby schools

St Matthew's School Primary Non-government 0.2km
Narrogin Primary School Primary Government 0.2km
East Narrogin Primary School Primary Government 1.5km
Narrogin Senior High School Secondary Government 1.8km
Western Australian College Of Agriculture - Narrogin Secondary Government 6.6km
Williams Primary School Primary Government 28.7km
Wickepin Primary School Primary Government 34.5km
Wagin District High School Combined Government 44.6km
Pingelly Primary School Primary Government 45.5km
Wandering Primary School Primary Government 54.7km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4865174