An exciting scenario all on the one title and situated in the main street of Lockington, this commercial shopfront/residence and adjoining 2nd dwelling offers a unique lifestyle opportunity with plenty of options for the investor. Opportunity to collect 2 rents with the rear residence currently under lease, and the shopfront which is currently used as a residence can easily be utilized as a shop front in prime position with plenty of parking out front. A classic double fronted store window facade frames these two attached homes that deliver a warehouse edge feel. The shopfront dwelling showcases a large spacious open plan living/dining area with reverse cycle split system and ceiling fan, a large commercial kitchen, soaring ceilings with huge skylight dispersing natural light throughout, beautiful original polished baltic pine timber floorboards, three good sized bedrooms, wide hallway, bathroom, toilet and laundry. Evaporative cooling. The adjoining residence features three bedrooms, two with built-in-robes, large open plan kitchen/dining living room with gas cooking and offers wood fire, evaporative cooling plus ceiling fan for heating/cooling. The three piece bathroom with bath, shower vanity offers good storage, toilet situated at rear of home off the enclosed back porch. Outdoors you will find an undercover concreted courtyard complete with bricked-in fireplace, pizza oven and a rustic galvanized tin shed, set behind is a lovely grassed area with beautiful big gumtree enclosed by secure fencing. Access via rear laneway. Each home has separately metered power and water connections. Don't miss this opportunity to secure a property that can suit many needs, it could be a shop to rent out and a residence to live in, maybe two rental properties for the astute investor, separate extended family living or possibly the ultimate work from home set up. Call Luke Ryan on 0438 841 127 to arrange an inspection.
The size of Lockington is approximately 103.7 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Lockington in 2011 was 778 people. By 2016 the population was 817 showing a population growth of 5.0% in the area during that time. The predominant age group in Lockington is 50-59 years. Households in Lockington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lockington work in a managers occupation. In 2011, 76.8% of the homes in Lockington were owner-occupied compared with 76.8% in 2016.
Lockington has 425 properties. Over the last 5 years, Houses in Lockington have seen a 134.56% increase in median value, while Units have seen a -20.37% decrease. As at 31 October 2024:
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