Sold
23 Lock Street, Narrogin WA 6312
Sold price: $630,000
Sold: 30 Sep 2025
Sold
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4 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 900m2
House
View
Narrogin Investor
Modern Investment Opportunity – Secure Corporate Lease in Narrogin
Built just two years ago, this rare near-new family home combines modern living with a secure long-term return. Finished to a high standard and designed with ease of care in mind, the property offers an attractive investment option now with the flexibility to live in later.
The home features a spacious master suite complete with walk-in robe and large ensuite, two well-sized guest bedrooms, and a sleek family bathroom. Every room is fitted with its own air-conditioning unit for year-round comfort. Outdoors, the gardens are fully fenced and reticulated, providing low-maintenance appeal while enhancing privacy and security.
Currently leased to a Corporate Government GROH tenant at $600 per week until Feb 2027 with a further one-year option, the property delivers a strong return and peace of mind. With an ROI of approximately 4.9% and above, this is a solid opportunity for the astute investor seeking certainty and growth.
Expressions of Interest now sought.
Viewing by arrangement only with suitable notice minimum one week.
A rare chance to secure a modern investment property in Narrogin – invest today, enjoy the returns, and move in later when the timing suits.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property features
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Carports
2
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Floor area
171m2
Property snapshot by reiwa.com
This property at 23 Lock Street, Narrogin is a four bedroom, two bathroom house sold by Cindy Daw at The Agency on 30 Sep 2025.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Narrogin or see other recently sold properties in Narrogin.
Cost breakdown
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Council rates: $2,884 / year
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Water rates: $276 / year
Nearby schools
Narrogin overview
The townsite of Narrogin is located in the great southern agricultural region, 192 km south east of Perth and 32 km east north east of Williams. It is located on the Great Southern Railway, and when this line was opened in 1889, Narrogin was one of the original stopping places. The railway line was a private line, and the Company that built the line declared a private townsite here in 1891. The railway was purchased by the Government in 1896, and in 1897 Narrogin was gazetted as a government townsite.
Narrogin is an Aboriginal name, having been first recorded as "Narroging" for a pool in this area in 1869. The meaning of the name is uncertain, various sources recording it as "bat camp", "plenty of everything" or derived from "gnargagin" which means "place of water".
Narrogin quick stats
High end
$500k
Median
$390k
Low end
$320k
34.5 %
Annual growth
$390k
Annual median sales price
N/A
Annual median rental price
