Discover a distinguished investment opportunity in historic Dowerin with this character-filled property reminiscent of the early 1900s. Located centrally, this brick building currently houses the National Australia Bank (NAB), offering a secure and lucrative rental income.

**Property Features:**
– Prime location in the heart of Dowerin, Western Australia.
– Character-rich brick building spanning approximately 210sqm.
– Leased to National Australia Bank, ensuring stable rental returns.
– Well-maintained commercial space with adaptable interiors.
– Separate residential component ripe for renovation.
– Commercial/Town Residential l zoning under Shire of Dowerin TPS 3.

**Lease Details:**
– Original Lease Start: 13th March 1999.
– Current Term Expires: 12th March 2028.
– Current Net Rent: $21,396.00 per annum plus outgoings and GST.
– Future Rent Review: March 2028 with potential for market rent adjustment.

**Location:** Dowerin, Western Australia.

**Investment Highlights:**
– Strong rental yield from a reputable tenant.
– Potential for capital appreciation in a thriving regional market.
– High-visibility location with significant foot traffic.
– Ideal for seasoned investors or newcomers seeking secure income.
– Includes 770sqm block with commercial and storage facilities.

**Residential Potential:**
This classic Wheatbelt residence offers a unique opportunity for renovation, boasting 141sqm split across two levels. Once refurbished, it promises attractive rental returns in a region with high demand for quality housing.

**Residential Highlights:**
– Ground floor: Approximately 86sqm; Upper floor: Approximately 55sqm.
– Layout includes 3 bedrooms, 2 sunrooms, 1 bathroom, and 2 WCs.
– Spacious kitchen, scullery (potential for conversion), lounge, and dining room with fireplaces.
– Rear garden with vehicle and pedestrian access, complemented by a Colorbond shed for additional storage.

**Don’t Miss Out:**
This property presents an exceptional opportunity to invest in Dowerin’s heritage while securing a robust financial asset. Contact Kerrie-lee Marrapodi on 0415 472 838 or Linda Trpchev on 0437 280 503 today for more information and to arrange a viewing.

Viewings Available During Bank Opening Hours Only.