Premium Mixed-Use Opportunity: Multi-Income Asset with Direct Laneway Access
14/2 Nockolds Street, Walpole
Price: $850,000 + GST
Zoning: Strategic Retail / Residential
Block Size: 317 sqm
Main Entrance: Accessible from Coopers Lane
Parking: Secure garage
Tucked just behind the main strip with its primary entrance on Coopers Lane, this unique freehold property delivers a rare blend of residential flexibility and commercial potential.
Featuring an incredibly versatile multi-tiered layout, every single section is designed with its own independent entry and exit, making it an absolute powerhouse for multi-stream rental yields or the ultimate live-and-work setup.
The Multi-Tiered Residence: Fully Independent Living & Income.
The freestanding configuration is perfectly optimized to handle multiple occupants, family members, or tenants simultaneously:
• Upstairs Home: A spacious 3-bedroom, 2-bathroom residence ideal for comfortable long-term living or premium long-term rental returns.
• Downstairs Short-Term Stay: A fully self-contained 2-bedroom, 1-bathroom apartment primed to tap straight into Walpole's seasonal holiday accommodation market.
• Downstairs Commercial Space: A highly adaptable layout featuring its own dedicated kitchen and bathroom facilities, currently rented as a functional hair salon to provide immediate commercial return.
National Park Views & Ultimate Proximity
The elevated design of this property unlocks next-level lifestyle appeal. From the upper level, you are treated to a brilliant vantage point with great views looking right over to the surrounding National Park. Better yet, the property offers a seamless connection to nature, backing directly onto or sitting within immediate reach of the National Park boundary itself.
Secure Parking & Storage
Vehicle storage and security are excellent for this town centre footprint, featuring a secure, enclosed double garage providing outstanding storage or parking for the main residence with direct lane access
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The Strategic Upside
Boasting highly flexible Strategic Retail / Residential zoning on a manageable 317 sqm lot, this property allows your investment to adapt to your needs. Live upstairs while collecting steady income from the short-stay apartment and the established hair salon below, or lease out all three sections independently to maximize your cash flow.
The Ultimate Lock-and-Leave Lifestyle
Because this property is exceptionally low-maintenance, it is perfectly suited for Grey Nomads searching for a secure lock-and-leave base. It offers the ideal layout to pack up and travel whenever you want, while maintaining a premium home base in an awesome small coastal community right on the South Coast of Western Australia.
Note: All future building, development, or zoning modifications are subject to council approval.
Contact Jamie Dunross on 0439 529 520 to arrange your private inspection.
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