Discover a Prime Investment Opportunity with Atrealty!Nestled in the vibrant heart of Narrogin, WA, within the picturesque Wheatbelt region, we proudly present an exceptional investment opportunity that you won't want to miss. This thriving grocery business has been a beloved cornerstone of the community for over 30 years, a testament to its durability and strong local support.Key Highlights:Secure Long-Term Lease: Enjoy peace of mind with a 10-year lease plus an additional 10-year option, guaranteeing stability and a lucrative return of over 7% for savvy investors.Consistent Income: With a commitment to the property ensuring income for the next two decades, this is an ideal prospect for those looking to expand their investment portfolio.Community-Focused: This grocery store not only serves the immediate community but is also positioned to capitalize on the growing demand for convenient shopping options in the area. Its established reputation and loyal customer base are key drivers of its ongoing success.Location Advantage:Just two hours' drive from Perth, Narrogin is a thriving town with a bright future. This investment opportunity is perfect for both seasoned investors and those new to commercial real estate, as it promises sustainability and growth in a flourishing region.Act Now!Don't let this outstanding opportunity slip away! Contact Shaun Weng today at 0416 888 018 to learn more and seize this exceptional investment chance. Your future success starts here!
The size of Narrogin is approximately 13.1 square kilometres. There are 21 parks, covering nearly 18.5% of the 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 151.89% increase in median value, while Units have seen a 187.97% increase. As at 31 May 2026:
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