$230000+ gst

Phone enquiries - please quote property ID 19942.

Located on the bustling main street of Northam, just a 50-minute drive from Midland, this property offers a prime investment opportunity. As the Regional Service Centre for the Avon Valley and Central Wheatbelt, Northam is poised for ongoing growth, providing a variety of potential development options.

Most recently, the space has operated as both a laundromat and a restaurant. Key infrastructure for these businesses—including water, gas, and a grease trap—remains in place, making it ideal for a range of retail or mixed-use redevelopment projects. The property is suitable for various tenants and business owners, from retail outlets to cafes or offices.

Key features of the property include:

- Three car bays at the rear of the building
- Potential for three toilets (two indoor, one outdoor), with one currently in use, all featuring indoor basins
- A charming back patio area perfect for outdoor seating
- Security gate at the rear for added privacy
- Rear vehicle access
- Back entrance with views of the Avon River
- Two air conditioning units
- Installed skylight
- Spacious interior suitable for retail or café seating

Northam serves as a central hub for several smaller towns in the region, making this an ideal location for businesses seeking exposure in a growing area. The property is situated directly across from Red Rooster, surrounded by major retailers such as Woolworths, Kmart, Bunnings, and the newly opened Spud Shed. Additionally, the recently opened Dome Cafe is just a few doors down, further enhancing the area's appeal. The ongoing iron ore exploration nearby is expected to drive further growth, creating even more opportunities.

Annual outgoings are approximately $3,000, and the property is priced at $230,000 plus GST.

This is an opportunity you won't want to miss!

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