This is a unique opportunity to purchase side-by-side lots in a tightly-held industrial estate.Located in Narngulu, this 260sqm workshop sits on a total of 2,532m2 hardstand. The property includes 3-phase power (both internally and externally), multiple offices, ablutions, a mezzanine level, and is currently configured into two separate work areas.Recent refurbishments, completed prior to securing the current tenant, included new gates and fencing, as well as new hardstand, floors, and walls. The site benefits from high exposure to passing traffic on busy Edward Road and is close to the Southern Transport Corridor, providing convenient access for large-scale mining and industrial operations.This property may suit both investors, or owner-occupiers alike, given there is a tidy rent return until April 2026, and potential for multiple tenancies. Photos displayed were taken prior to the current tenant commencing. Any interested parties are encouraged to contact agent for more information.
The size of Narngulu is approximately 25.2 square kilometres. The population of Narngulu in 2016 was 394 people. By 2021 the population was 44 showing a population decline of 88.8% in the area during that time. The predominant age group in Narngulu is 60-69 years. Households in Narngulu are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narngulu work in a managers occupation.In 2021, 61.60% of the homes in Narngulu were owner-occupied compared with 91.30% in 2016.
Narngulu has 259 properties. Over the last 5 years, Houses in Narngulu have seen a 111.99% increase in median value. As at 30 November 2025:
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