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Overview
Located in the sought-after South Perth area, this unique property offers a rare blend of residential and commercial functionality, making it an exceptional investment or multi-purpose asset. Its zoning allows for dual income streams from both tenancy types, enhancing its appeal for investors or business owners seeking a live-work opportunity.
The property comprises a substantial 502 square metres of built-up area on a 562 square metre land parcel, featuring a mix of spacious living quarters above and well-equipped commercial facilities below. Residents enjoy privacy with a thoughtfully designed open plan layout, accentuated by a partition door that separates the kitchen from the living zone. An expansive balcony provides a pleasant spot for relaxation and enjoying morning coffees.
- The upper residential level includes four versatile bedrooms - a master with ensuite, two generous bedrooms, and a fourth bedroom or study, supporting both family living and home office needs.
- High-end European fixtures, custom cabinetry, and premium bathroom finishes add quality and sophistication, while ducted reverse cycle air conditioning ensures year-round comfort.
- Ample natural light and custom-fitted blinds add to the interior's appeal, complemented by a loft and generous laundry area.
- Eco-conscious features like solar panels contribute to energy efficiency.
On the ground floor, the commercial component is well-appointed with a fitted-out kitchen, dining and alfresco areas, dry store and cold room facilities. Security enhancements include a gated entry and a comprehensive CCTV system covering both external and internal zones.
Additionally, the property offers nine covered car bays accommodating vehicles for both the residential and commercial uses, addressing parking demands conveniently.
Its strategic location places it within close proximity to prestigious private schools such as Wesley College and Penrhos College, as well as Curtin University, making it ideal for families or investors targeting tenant demand in education precincts. The property benefits from excellent connectivity, being only four kilometres from Perth's CBD and a short walk to the river, providing lifestyle and commuter advantages.
This property stands out for those seeking a prestigious, dual-use asset that leverages location, quality, and versatility for lifestyle or investment benefits.
Local Market Insights
In South Perth, Quiet Listings observed 19 new houses entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $2,515,474. The property type mix of listed properties is predominantly Houses at 41%, followed by apartments (37%), and units (13%). The most active agency for houses in the South Perth area is currently Bourkes, representing 68% of new listings, followed by Belle Property with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Market Insights for South Perth WA 6151
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