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Overview
122B Stirling Terrace
This exceptional commercial property, known as Stirling House, is located in the heart of Toodyay’s historic Stirling Terrace, a precinct renowned for its colonial architecture and convict-era heritage. The property represents a unique investment opportunity combining heritage charm with multiple income streams and significant development potential.
Situated in a town that boasts tranquil views of the Avon River and a strong community spirit, Stirling House stands as one of Toodyay’s premier commercial hubs. The property offers a blend of retail, accommodation, office, and hospitality spaces, making it a versatile asset for investors seeking both stability and growth.
Key features of the property include seven leasable spaces: two retail shops with long-term tenants, two two-bedroom accommodation apartments also leased long-term, and an office space with cellar leased on a long-term basis. Additionally, the property includes The Chieftain Music Club, a part-time owner-operated venue that serves as a speakeasy-style jazz and blues club with a 67-seat capacity, offering an intimate and atmospheric experience reminiscent of the 1920s Prohibition era.
The Chieftain Music Club is a fully licensed venue featuring a chic and secretive ambiance with dim chandeliers, vintage instruments, and black tablecloths. It offers a club-style vegetarian menu with gluten-free options and a fully licensed bar serving alcoholic and specialty non-alcoholic drinks. The venue is known for its Instagrammable decor, including crystal glassware, plush furniture, mood lighting, and chandeliered washrooms. Monthly sell-out events make it a beloved destination for both locals and visitors.
Complementing the music club is Café Clair’s, a French-inspired café with fireside charm and garden alfresco seating. Operating three days a week with potential for expansion, the café accommodates 40 guests and offers a fully licensed vegetarian menu with gluten-free options. It enjoys a steady clientele of tourists and locals, particularly those arriving via the daily return train from Perth. Café Clair’s also hosts monthly pop-up dinners featuring globally inspired menus and community-focused experiences, attracting a loyal following.
At the rear of the property lies approximately 1000 square meters of fully fenced vacant land, presenting exciting development possibilities. Subject to local council approval, this land could accommodate the construction of townhouses, a brewery, or a distillery, offering further value enhancement for the new owner.
To ensure a smooth transition, the current owners are willing to provide their expertise and support for three months at an agreed fee, guiding new owners through the operational aspects of the businesses to secure ongoing success.
This property is marketed with care, and while every effort has been made to ensure the accuracy of the information provided, prospective buyers are encouraged to conduct their own due diligence and satisfy themselves regarding all aspects of the property. The details herein do not form part of any contract.
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
Toodyay WA 6566
Market Insights for Toodyay WA 6566
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