30 Nockolds Street, Walpole WA 6398
Offers Over $695,000
Secure a rare freehold commercial footprint in the beating heart of Walpole. This is an opportunity to purchase the absolute land and building asset, not just a business or leasehold interest. Positioned directly parallel to the South Coast Highway (Highway 1), 30 Nockolds Street commands unmatched daily visibility from both a thriving local community and a heavy stream of South Coast travellers.
Currently home to the highly successful, family-owned Philippine Magic Café, this premier freehold asset combines an immediate hospitality landmark with high-density R30 zoning development upside.
The Ultimate Turn-Key Freehold Opportunity
• True Property Ownership: Purchase the complete commercial freehold estate, allowing you to occupy, lease out, or redevelop the land at your discretion.
• Prime Retail Strip Exposure: Situated directly on Walpole’s vibrant main street alongside thriving local shops, guaranteeing maximum foot traffic.
• Proven Track Record: Secure the physical footprint of one of the region's most beloved, highly rated dining icons, operating seamlessly inside the world-famous Walpole-Nornalup National and Marine Park.
• Turn-Key & Fitted Out: Features a large, recently updated restaurant space, a vibrant internal dining layout, a popular covered front veranda, and an optimized commercial workflow.
• Walk-In, Walk-Out Option: High-quality restaurant fittings and commercial equipment are available for negotiation, offering an effortless transition for an incoming operator or landlord looking to lease a fully fitted venue.
Strategic R30 Layout & Ready-To-Go Capital Growth
• Second-Floor Residential Plans Included: Unlock immediate value-add potential to your freehold asset with existing plans available to construct two premium dwellings on the second floor above the restaurant (Subject to Council Approval). Perfect for short-stay accommodation, owner-occupier living, or dual freehold income streams!
• Already Split Down the Middle: The block is strategically subdivided straight through the centre of the building all the way to the rear lane, maximizing immediate flexibility.
• Dual-Street Access: Main street commercial frontage plus a rear laneway. The rear lane completely eliminates operational bottlenecks, providing independent access for deliveries, staff parking, or residential tenants.
• Triplex Blueprint: The lucrative R30 density coding offers clear subdivision or triplex development potential. Enjoy strong commercial rental returns today while planning your high-density residential build down the line (STCA).
Whether you want to operate a flagship food destination, or unlock a multi-dwelling residential expansion, this freehold property at 30 Nockolds Street is an elite multi-tier asset at an exceptional price point.
Expressions of Interest Over $695,000 Are Now Invited.
Contact Jamie Dunross today to arrange a private inspection.
M: 0439 529 520
E: jamie@burtonrealty.com.au
