23 Lock St, Narrogin is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 900m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 4 bedroom House sold in Narrogin in the last 12 months.
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.
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 2,478 properties. Over the last 5 years, Houses in Narrogin have seen a 135.24% increase in median value, while Units have seen a 169.83% increase. As at 30 November 2025:
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