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Overview
Mixed Use. Maxed Opportunities.
This versatile unit located at 338 Walcott Street in the highly sought-after Coolbinia area offers a unique opportunity within an established mixed-use precinct in one of Perth's most connected inner-city locations. Presented for sale via Set Date Sale, with offers closing on Wednesday 24th June at 3pm, this property stands out as a flexible commercial space with potential for various professional, creative, or consulting uses.
The layout currently features two partitioned offices or studios, with the option to convert part of the reception area back into a third office. Additionally, there is an open-plan reception and display area, rear kitchenette facilities, and a unisex toilet, providing a practical and adaptable working environment. The space retains a warmth and character often missing from conventional commercial properties, making it appealing for a range of business needs.
The City of Stirling is progressing a proposed rezoning of the area to Neighbourhood Centre under Draft Local Planning Scheme No.4. This rezoning may allow for potential R60 residential coding and development up to three storeys, subject to relevant planning approvals. This adds a layer of long-term potential for investors or visionary buyers looking to capitalize on future development opportunities.
Whether you are an owner-occupier or an investor, this property combines flexibility for current use with promising upside for the future within an increasingly connected inner-city corridor. Buyers are encouraged to conduct their own due diligence and planning enquiries with the City of Stirling regarding permitted uses and development potential, especially for future residential usage and occupation.
Conveniently located with easy access to freeways, Perth CBD, and central inner suburbs, the property is approximately 1.2 kilometers from Flinders Square and Dog Swamp Shopping Centre, and only 2.5 kilometers from the vibrant Beaufort Street café and dining strip, offering excellent amenities nearby.
Key property features include:
- Four car bays at the front of the property
- Fibre optic and other services connected to the premises
- Current configuration includes two offices, an open-plan reception work area, breakout atrium, and unisex toilet
- Reception and waiting area suitable for clients and visitors
- Visitor street public parking and transport options nearby
- Built-in cabinetry and additional furniture negotiable
Property particulars:
- Built area: 109 square meters
- Total lot area: 170 square meters
- Strata scheme includes one mixed-use unit and nine residential units
- Strata levies: $1,020 administration per quarter and $510 reserve per quarter, inclusive of strata insurance
- Council rates: $1,365.77 for the 2025/2026 financial year
- Water rates: approximately $275 bimonthly
- Registered on the Strata plan as Lot 10/336 Walcott Street, Coolbinia
This property represents a rare blend of immediate usability and future development potential in a prime inner-city location, making it an excellent choice for a variety of buyers.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Coolbinia WA 6050
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 109 m² |
Market Insights for Coolbinia WA 6050
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