12 Stewart Road, Narrogin, WA 6312 | Property Value & History | OnTheHouse
OFF MARKET

12 Stewart Road
Narrogin WA 6312

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 556m2
Land area: 8209m2
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Property Details for 12 Stewart Rd, Narrogin

Building Type
Commercial
Year Built
1997
Floor Size
556m2
Land Size
8209m2
Local Government
Narrogin
Lot/Plan
12/D053531

Last Listing description (June 2021)

Available for purchase now is this industrial building, with an office / reception, store room, lunchroom, kitchenette and shower facilities, all situated on 8,209 square metre block with large gravel hardstand area located in the main industrial area of Narrogin, a healthy service town in Western Australia's wheatbelt region.The approximately 556 square metre building features 3 separate bays, each with high clearance sliding access doors. Construction is from steel columns and trusses clad with steel sheeting clip lock roof with translucent sheeting inserts providing natural lighting in the workshop.There is heavy duty reinforced concrete floor throughout with waste grates for easy cleaning. Three phase power is connected to multiple outlets throughout the building together with several scheme water taps and troughs.The main office/reception area is of brick construction and includes store room, lunchroom, kitchenette, toilet and shower, all immediately adjacent to the main workshop area. There is also an expansive load bearing mezzanine area, providing extra storage situated directly above the main office block.The site is easily accessed via Stewart Road, providing heavy vehicles extensive, level maneuvering area to load or unload trucks or heavy equipment. Additional hardstand areas provide for stillage, storage, trailer truck parking or servicing of vehicles.The property has been leased for three years with an option to renew for a further three. Annual rent is $25,000 plus outgoings plus GST and rent reviews of 3% are built into the lease. A bank guarantee for three month's rent is provided by the Lessee.In the current market this low maintenance, excellent condition property represents excellent return on capital at $375,000.

Property History for 12 Stewart Rd, Narrogin, WA 6312

A timeline of how this property has performed in the market
Last Sold
$154,000
05 May 2021
  • 05 May 2021
    Sold for $154,000
  • 21 Sep 2018
    Listed for Sale $375,000 + GST
  • 25 Mar 2013
    Sold for $291,500
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About Narrogin 6312

The size of Narrogin is approximately 13.1 square kilometres. It has 21 parks covering nearly 18.5% of total area. The population of Narrogin in 2016 was 4274 people. By 2021 the population was 3927 showing a population decline of 8.1% in the area during that time. The predominant age group in Narrogin is 60-69 years. Households in Narrogin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narrogin work in a trades occupation.In 2021, 62.30% of the homes in Narrogin were owner-occupied compared with 61.10% in 2016.

Narrogin has 2,475 properties. Over the last 5 years, Houses in Narrogin have seen a 154.49% increase in median value, while Units have seen a 98.38% increase. As at 28 February 2026:

  • The median value for Houses in Narrogin is $403,863 while the median value for Units is $302,450.
  • Houses have a median rent of $430 while Units have a median rent of $250.
There are currently 28 properties listed for sale, and no properties listed for rent in Narrogin on OnTheHouse. According to Cotality's data, 136 properties were sold in the past 12 months in Narrogin.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.