50 & 54 Federal Street
Narrogin WA 6312
$990,000
For Sale: 50 & 54 Federal Street, Narrogin WA –Prime Commercial Investment Opportunity
50 Federal Street Narrogin $595,000.54 Federal Street Narrogin $395,000.
An exceptional opportunity awaits investors and business owners with the offering of 50 & 54 Federal Street, Narrogin. These adjoining properties are ideally located with high-exposure main street frontage in the heart of town, making them perfect for a secure investment or future redevelopment potential.
50 Federal Street sits on a 1,012m²* block and boasts a substantial retail building of approximately 725m²*, split into two well-established tenancies:
• Tenancy 1: 475m²* – Occupied by a long-standing tenant, a well-known Narrogin icon business with proven stability.
• Tenancy 2: 250m²*– Recently leased with a 5-year agreement in place, plus a further 5-year option, ensuring a solid return.
54 Federal Street offers 496m²* of land, with approximately 390m²* of retail building currently under a long-term lease with a reliable tenant.
Both properties are in good condition and benefit from good rental income streams. With the ability to purchase together or separately, this is a flexible opportunity for astute buyers looking to expand their portfolio or secure a prominent location for future ventures.
For further details or to arrange an inspection, contact us today.
Don't miss your chance to invest in the commercial heart of Narrogin.
Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterisk) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.
Features
General Features
- Land Area: 1,508sqm
- Commercial Type: Retail
- Building Area: 1,115sqm
- Zoning: Zoned Commercial - Shire of Narrogin
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