117 Prinsep Street NCollie WA 6225
Property Details for 117 Prinsep St N, Collie
117 Prinsep St N, Collie is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 725m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Collie in the last 12 months.
Last Listing description (July 2024)
Calling all savvy investors! This meticulously maintained 3-bedroom, 2-bathroom, character home in the heart of Collie is a golden opportunity not to be missed. With a generous weekly rent return of $550, offering a rent yield of almost 8%, this property is a cash cow waiting to be milked.
Step inside and be awed by the timeless features of high ceilings, gleaming polished floorboards, and a charming built-in fireplace. The kitchen and main bathroom have been tastefully renovated, seamlessly blending old-world charm with modern convenience. The addition of a second bathroom/laundry/toilet, reverse cycle air conditioning, and other updates ensure that this home is not only stylish but also comfortable and functional.
Recent upgrades have further enhanced the property, including a full restumping, new front veranda, energy-efficient solar panels, a rear patio perfect for outdoor entertaining, and external cladding for added durability. The house is fully insulated for year-round comfort, and additional features such as a formal dining room, a spacious lounge area, a workshop, and a garden shed provide ample space for various activities and storage needs.
Situated on a generous 725 sqm* block with convenient side access, this home is ideally located within walking distance to shopping centers, amenities, local sports facilities, and a renowned primary school, making it not only a lucrative investment but also a highly desirable rental property. With plenty of space to park a boat or caravan, this property caters to a wide range of tenants, ensuring a steady stream of rental income for years to come.
In the ever-growing market of Collie, this investor's dream property presents a rare opportunity to make money on your money. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer exploring the world of real estate investment, this home offers the perfect balance of charm, convenience, and profitability.
Don't let this opportunity slip through your fingers - seize the chance to secure a high-yielding investment property in one of Collie's most sought-after locations. Arrange a viewing today and discover the endless possibilities that await you in this income-generating gem.
DOT POINTS
• 3 Bedroom, 2 Bathroom
• Reverse cycle air conditioning and wood fire heating
• Workshop
• Solar panels
• Situated in the heart of Collie.
Buyers Note: All measurements/dollar amounts are approximate only and generally marked with an * (Asterix) for reference. Boundaries marked on images are a guideline and are for visual purposes only. Buyers should complete their own due diligence, including a visual inspection before entering into an offer and should not rely on the photos or text in this advertising in making a purchasing decision.
Property History for 117 Prinsep St N, Collie, WA 6225
- 24 Jul 2024Sold for $360,000
- 18 Jul 2024Listed for Sale Offers Over $349,000
- 25 May 2024Listed for Sale Offers Over $349,000
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0About Collie 6225
The size of Collie is approximately 53.4 square kilometres. It has 25 parks covering nearly 43.6% of total area. The population of Collie in 2011 was 7,962 people. By 2016 the population was 7,578 showing a population decline of 4.8% in the area during that time. The predominant age group in Collie is 60-69 years. Households in Collie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Collie work in a trades occupation. In 2011, 73.4% of the homes in Collie were owner-occupied compared with 71.8% in 2016.
Collie has 4,338 properties. Over the last 5 years, Houses in Collie have seen a 137.20% increase in median value, while Units have seen a 76.39% increase. As at 31 July 2024:
- The median value for Houses in Collie is $360,455 while the median value for Units is $252,016.
- Houses have a median rent of $480 while Units have a median rent of $320.
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