OFF MARKET

8 Nockolds Street
Walpole WA 6398

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 40m2
Land area: 1434m2
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Property Details for 8 Nockolds St, Walpole

Building Type
Commercial
Year Built
1968
Floor Size
40m2
Land Size
1434m2
Local Government
Manjimup
Lot/Plan
25/P203472

Last Listing description (August 2024)

Zephyr Real Estate is delighted to present "The Gallery & Cafe", 8 Nockolds Street, Walpole.
The property is a clear stand out with its appealing presence on the main street of this popular tourist destination, it is ideal for someone who is looking to run their own business or as an investment property.
There is a lot to be liked about the prominent position, it doesn't just sit proud on the main street but also has a second street access to the rear.

The property has sensational exposure, parking at your front door, and highly visible signage.
Zoning of the property and how the property has been built will suit a range of buyers that can leverage this versatility to maximize their investment.
The rear street access gives the property another attribute that can be taken advantage of, currently tenanted by the Community Op Shop it gives the buyer potential to develop additional accommodation, subject to shire approval to cash in on the thriving Walpole tourism trade.
Make no mistake, the opportunities that are available from this property are endless.
Other factors include:
? Neat and tidy 1-bedroom apartment - ready to move in. Ideal for capitalising on the growing demand for accommodation in Walpole or as your cosy home sweet home
? A Cafe/restaurant completely set up and ready for business.
? The Gallery part of the complex is tenanted by the popular Petrichor Gallery.
? Gated entrance to a courtyard that gives access to the caf?, gallery, and another retail area that is ready to be utilized.
? The versatility of being a 1434 sqm block zoned town centre, commercial and shop residence.

For further information please contact Peter Worsfold 0420 975 024
Zephyr Real Estate.

Property History for 8 Nockolds St, Walpole, WA 6398

A timeline of how this property has performed in the market
Last Sold
$698,500
04 Feb 2016
  • 14 Jun 2024
    Listed for Sale Not Disclosed
  • 28 Nov 2023
    Listed for Sale Not Disclosed
  • 04 Feb 2016
    Sold for $698,500
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About Walpole 6398

The size of Walpole is approximately 56.3 square kilometres. It has 9 parks covering nearly 51.4% of total area. The population of Walpole in 2011 was 565 people. By 2016 the population was 447 showing a population decline of 20.9% in the area during that time. The predominant age group in Walpole is 50-59 years. Households in Walpole are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Walpole work in a managers occupation. In 2011, 66.8% of the homes in Walpole were owner-occupied compared with 70.3% in 2016.

Walpole has 658 properties. Over the last 5 years, Houses in Walpole have seen a 113.28% increase in median value, while Units have seen a -97.13% decrease. As at 30 September 2024:

  • The median value for Houses in Walpole is $504,530 while the median value for Units is $345,805.
There are currently 14 properties listed for sale, and no properties listed for rent in Walpole on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Walpole.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.