A Waroona landmark with history, business identity and mixed-use flexibility.
Some properties are simply sold. Others are handed on.
Auction 17th October 2026 - unless sold prior, to the right buyer.
Set in the heart of Waroona on a high-visibility South Western Highway corner site occupying 1,474sqm, 85 South Western Highway is one of those rare offerings where the property, business history, building and town all feel connected.
Currently home to Drakesbrook Antiques & Collectables, this mixed-use holding carries a level of identity that cannot be manufactured. Operating in Waroona since 1996, the business is widely recognised for its extraordinary Moorcroft collection, collector following and established position within the antiques and collectables world.
Originally constructed in 1935 and formerly home to the Bank of New South Wales, the building carries the strength and presence of its original purpose, with former bank proportions, the original Chubb safe and an instantly recognisable highway frontage.
The opportunity is being presented as both a property and business offering, with the seller's preference being to see the premises, goodwill and stock continue in the hands of another antiques dealer or collector-operator.
The commercial frontage: Positioned on the corner of South Western Highway and Millar Street, the frontage is immediately memorable. Large antique signage, elevated former bank façade, wide street presence and customer arrival point give the property a landmark quality within the town centre.
Inside, multiple interconnected showroom rooms create a destination experience, with space for antiques, collectables, Moorcroft pottery, glassware, furniture, books, clothing, giftware, memorabilia and specialist collections.
There is an authenticity here that cannot be replicated in a modern tilt-panel shopfront. The rooms carry the charm of a long-established country trading house, with timber display cabinetry, secure cabinets, high shelving, character doors, the original Chubb bank safe, service counter area and a layout that invites people to wander, pause and explore.
The business is especially known for Moorcroft, including rare pieces dating back more than 100 years through to current releases, while also carrying Charlie Bears, Kaycee Bears, Shaz Bears and other collectable items. For the right buyer, this is not a cold start; it is the chance to take on a known name, established location and destination-style retail environment.
The residence and cottage: Behind the commercial frontage, the property opens into a surprisingly substantial private residence.
This is not a token caretaker's quarters or compromised rear flat. The residence offers scale, warmth and comfort, with high ceilings, exposed timber detailing, generous proportions and a large open-plan kitchen, dining and family living area forming the centre of the home.
The kitchen is highly functional, with extensive bench space, granite benchtops, quality appliances, overhead storage, island seating and excellent connection to the dining and living areas.
Accommodation is spread across multiple bedrooms and flexible rooms, with additional office areas, bathroom facilities and private spaces that could support family living, guest accommodation, staff use, consulting rooms or work-from-home needs.
Adding another layer is the detached self-contained 1 bedroom cottage at the rear. With its own side access and parking, it could suit extended family, visiting guests, staff accommodation, a private studio, ancillary-style living, short-stay accommodation or Airbnb-style use, subject to relevant approvals.
Storage, service areas and infrastructure: Beyond the retail and residential areas are office spaces, the former bank safe, storage zones and a significant attic above the main building. With exposed roof structure, timber flooring and a substantial footprint, this is far more than incidental storage.
The attic is supported by an electric goods elevator, allowing heavier stock and stored items to be moved between levels more easily than relying on ladder access alone.
To the rear, the property includes shedding, service access, water tank, hardstand areas, secure gates, courtyard space and garden areas, including prolific mango trees, fruit trees and a chook pen. These areas are valuable for stock storage, deliveries, workshop use, vehicle access, back-of-house functionality or a more self-sufficient setting behind the business.
There is also on-site customer parking, giving the property a stronger arrival experience than many main-street premises.
The location: Waroona continues to benefit from its position between the Peel region, the South West and the rural lifestyle corridor south of Perth. This property sits right in the town centre, with visibility to South Western Highway, nearby neighbours, civic and community facilities, established local businesses and passing regional traffic.
It is a position suited to visibility, visitation and convenience, while also offering a private side through the residence, cottage, gardens and courtyard areas.
What next!? It is the combination that matters: a Waroona landmark, former 1935 bank building, destination business identity, mixed commercial/residential zoning, substantial private residence, self-contained detached cottage, showroom space, attic storage, electric goods elevator, rear access, on-site parking and high-visibility South Western Highway corner position.
For buyers seeking a true live/work property, established antiques or collectables business, character commercial holding, destination retail site, gallery, tourism-linked concept or town-centre investment with genuine story and substance, 85 South Western Highway deserves serious attention.
For more information or to arrange your inspection, please enquire using the Email Agent feature on this webpage and a member of Team Miles Walton will be in touch.