Reiwa Reiwa
23 Lock Street, Narrogin WA 6312

23 Lock Street, Narrogin WA 6312

Sold price: $630,000
Sold
Sold: 30 Sep 2025

4 Bedrooms

2 Bathrooms

2 Cars

Landsize 900m2

House

Contact the agent

Cindy Daw

0476268469

The Agency


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

  • Carports 2
  • Floor area 171m2

Cost breakdown

  • Council rates: $2,884 / year
  • Water rates: $276 / year

Nearby schools

Narrogin Primary School Primary Government 0.6km
St Matthew's School Primary Non-government 0.8km
East Narrogin Primary School Primary Government 2.0km
Narrogin Senior High School Secondary Government 2.4km
Western Australian College Of Agriculture - Narrogin Secondary Government 6.4km
Williams Primary School Primary Government 28.2km
Wickepin Primary School Primary Government 34.9km
Wagin District High School Combined Government 45.0km
Pingelly Primary School Primary Government 45.2km
Wandering Primary School Primary Government 54.1km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4948155