23 Bates Street, Merredin WA 6415
23 Bates Street, Merredin WA 6415
1-bedroom commercial house | 148sqm on 184sqm lot | flood overlay flagged | NBN fibre to curb
The buying case here is the unusual configuration of a residential-sized house zoned for commercial use, giving a buyer a rare foothold in Merredinโs Wheatbelt hub at a sub-$70,000 entry point. The 148sqm building with 80% site coverage offers generous internal space for a small office, workshop, or trade depot, and the existing layout with a main office and rear kitchenette reduces fit-out costs. The property is best suited to a local tradesperson, a micro-business owner, or an investor seeking a low-cost commercial holding with immediate occupancy potential, supported by reliable 5G and NBN connectivity.
The identified flood overlay is the primary risk, potentially raising insurance costs and limiting some uses or redevelopment options, though the 321m elevation may mitigate actual exposure. The non-residential classification restricts residential use, narrowing the buyer pool on exit. The opportunity lies in using the property as a low-overhead base for a service business or as a passive land bank in a growing regional centre. Hold it as a working space or lease it to a small operator, accepting the flood overlay as a manageable cost rather than a deal-breaker.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Merredin is a key regional transport hub positioned as an affordable entry point into Western Australia’s property market. Demand is driven by investors seeking exceptional capital growth and high rental yields, supported by a tight rental market with minimal vacancy. Recent conditions show rapid price appreciation and brisk sales, though the market’s sensitivity to interest rates and constrained supply present potential headwinds for sustained momentum.