25 Nickol Road, Nickol WA 6714

This unique property opportunity consists of a complex comprising eight two-bedroom, two-bathroom units, set on a substantial 3306sqm site in the Nickol area of Western Australia. Sited on a single title, these units span across multiple addresses including 25 and 27 Nickol Road as well as 12 Monaghan Way, collectively forming an ideal setup for organisations in need of staff accommodation or investment in multi-tenant properties.

Constructed circa 1984, the buildings feature brick veneer walls and iron roofing, typical of durable construction of their time. Each unit covers approximately 99 square metres, offering a compact yet functional living space with a large front living area that facilitates comfortable communal gatherings or relaxation. The galley-style kitchens are equipped with freestanding electric cooktops and ovens, providing essential cooking amenities within an efficient layout.

A notable benefit of these units is the sizeable laundry area in each, fitted with built-in cupboards and direct access to the rear yard, augmenting practicality and ease of maintenance. Furthermore, the accommodation offers two bathrooms per unit, complete with vanities, toilets, and shower-over-baths, supporting the needs of multiple occupants without compromising convenience.

• Two bedrooms per unit include built-in robes, ceiling fans, and split-system air conditioning, contributing to occupant comfort and climate control.
• Security is addressed with Crimsafe screens on all doors and windows, enhancing safety without restricting airflow.
• Undercover double carports provide convenient protected parking options.
• The fully fenced yards with individual patios and storage rooms extend living and utility spaces outdoors, offering privacy and storage solutions.
• Utility consumption is streamlined with separate metering for power and water for each unit, facilitating clear individual billing and management.
• Multi-split system air conditioning throughout the complex adds to the overall amenity, albeit sold without warranties, placing emphasis on buyer due diligence.

It is important to note that one unit, 3/27 Nickol Road, has suffered significant fire damage and is currently inaccessible, potentially affecting renovation or redevelopment plans. Four of the units are leased until September 2026, offering immediate rental income potential.

Being sold on an 'as is where is' basis, this investment requires buyers to conduct their own inspections and assessments, as the seller will not provide warranties on electrical, plumbing, cooling, or other operational systems. Annual council rates are approximately $18,200, with individual water rates around $961 per unit.

Overall, this property represents a rare multi-unit offering in Nickol's market, suited for institutional investors, corporate groups, or those seeking a sizeable income-generating asset with flexible accommodation options. The combination of multiple units on one title, substantial land area, and established infrastructure provides a solid foundation for ongoing operation, tenant management, or future redevelopment.