This unique Real estate property is Situated in the main shopping precinct of Waikerie only minutes from the riverfront.
For sale is a multiple purpose property consisting of a 3 bedroom, single bathroom, traditional stone, Gentleman's Residence positioned behind two retail shop front buildings.
The home is positioned on a 1000 square meter allotment and is Currently tenanted. The home is generous in size with Kitchen and dining area that opens onto a great paved outdoor entertaining area. there is a two bay garage in the back yard and there is access via a rear lane. there's a chook/garden shed, and a smaller garage in the driveway beside the home, accessible from the main road. The inside of the home has 12 foot ceilings, evaporative ducted air, open fires, large laundry, large bathroom. Re-roofed, rewired plumbing work done recently the home is sound and secure.....But Wait There's More........ Two retail shop spaces the first is 100 square meters approx with cellar under floor and a toilet while the other is 25 Square meters with a change room and tea room. Great opportunity for a home, a business, a home business or as a rental property with 7-8% potential returns as is.
The size of Waikerie is approximately 70.6 square kilometres. There are 28 parks, covering nearly 2.0% of the total area. The population of Waikerie in 2016 was 2684 people. By 2021 the population was 2681 showing a population decline of 0.1% in the area during that time. The predominant age group in Waikerie is 60-69 years. Households in Waikerie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Waikerie work in a labourer occupation.In 2021, 63.30% of the homes in Waikerie were owner-occupied compared with 64.00% in 2016.
Waikerie has 1,734 properties. Over the last 5 years, Houses in Waikerie have seen a 105.84% increase in median value, while Units have seen a 196.43% increase. As at 31 July 2026:
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