221 Hampton Road, Northampton WA 6535

$240,000

Investment opportunity

221 Hampton Road, Northampton is located 50 kms North of Geraldton.

This site has a high significance to the landscape of the main street of Northampton, the property has had a very high occupancy rate and has done for many many years. Enquiry rate has always been exceptionally high whenever one of the tenancies become vacant. Reflecting a high demand for small affordable retail properties in this main arterial road of the North West Coastal Highway.

Property Features
• Land: 1,516 sqm
• Retail: 320.5 sqm (approx) comprising of 4 shops
• 2023/2024 Passing income: $23,600.40, In addition tenants pay water, power, rubbish rates.
• The property offers development potential with the remaining 1,000 sqm behind the shops.
• Great tenancy mix
• Potential to increase income
• High volume vehicle traffic on a daily basis

• **PROPERTY IS SOLD 'AS IS' ** Property Verandah requires repairs

Zoning: Commercial
For more information on potential developments, please contact the Shire of Northampton.

2023/2024 Statutory Costs
• Council Rates: $1,913.00
• Water Rates: $300.30
• Insurance: $3,100.00
**Please note, 2024/2025 Council Rates will be determined on the 15 August 24, new rates notice to be issued by the end of October 24.


Northampton Shire Council - Municipal Inventory Place Record (information extracted from Shire of Northampton Municipal Inventory Records)
Place Number: 068
Category: 3
HCWA No: 8953

Description:
The single storey timber framed row of four shops have bullnosed verandahs supported on timber posts at the kerb line. The glazed, timber shopfronts under the verandahs appear to be original together with some fully glazed entry doors.

Statement of Significance
The row of shows makes an important contribution to the visual character of Hampton road, a streetscape comprised of many traditional commercial buildings, dating from the turn of the Twentieth Century. Collectively these places make a positive contribution to the local sense of place and local identity. The row of shops demonstrate the variation in the use of materials in regional areas and the practice whereby shopkeepers lived behind their shops.

Management Category: 3
MODERATE SIGNIFICATE
Important to the heritage of the locality.
Management Recommendation: Conservation of the place is recommended, Any proposed change to the place should not unduly impact on the heritage values of the place and should retain significant fabric wherever feasible.

The Shire of Northampton encompasses the popular tourist destination's of Horrocks, Port Gregory, Pink Lakes & Kalbarri, making the town of Northampton a key tourism destination in the Midwest.

For more information, or to schedule a viewing. Please contact
Katrina Brown
Mobile: 0476 592 238
Email: katrina.brown@raywhite.com

Property Details

• Type: Retail
• Building Area: 320 m² (approx)
• Land Area: 1,516 m² (approx)
• Tenancy: Vacant
• Zone: Commercial