OFF MARKET

2 Collins Street
Waratah TAS 7321

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 175m2
Land area: 655m2
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Property Details for 2 Collins St, Waratah

2 Collins St, Waratah is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 655m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1982
Floor Size
175m2
Land Size
655m2
Local Government
Waratah-Wynyard
Lot/Plan
2/133858

Last Listing description (November 2023)

Welcome to your dream real estate investment! We present to you three charming, conjoined units that have undergone recent refurbishments. Situated in the lovely location of Waratah, these units offer incredible potential, with the ability to generate $150 per week from each unit. Don't miss this chance to capitalize on a fantastic income stream!
Nestled in a peaceful setting, these units are ideally positioned just a short walk away from the local pub, where you can indulge in mouth-watering meals and enjoy a vibrant atmosphere. The pub is known for its beautiful dining experience, adding to the charm of the area.
Moreover, nature enthusiasts will be delighted to discover the mesmerizing views of Philosopher's Falls just a stone's throw away. Immerse yourself in the breath taking surroundings and experience tranquillity like never before.

The location of these units serves as a gateway to some of the most popular tourist attractions in the region. Adventure seekers will relish the proximity to the iconic Cradle Mountain, a nature lover's paradise boasting picturesque landscapes, hiking trails, and unforgettable wildlife encounters.
Additionally, you'll have easy access to the enchanting town of Corinna, where you can explore the untouched wilderness of the Tarkine rainforest. Immerse yourself in the serenity of this pristine destination and discover the magic of nature at its finest.
These conjoined units have been tastefully refurbished, ensuring a modern and inviting ambiance for both residents and potential tenants. Each unit offers comfortable living spaces, promising a relaxing and enjoyable lifestyle.
With the potential to generate $150 per week from each unit, this property represents an incredible opportunity for savvy investors seeking to diversify their portfolio and secure a steady rental income.
The surrounding area features lush greenery, providing a refreshing and picturesque environment to unwind and enjoy leisurely walks.
Don't miss out on this remarkable investment opportunity! Act now to secure these conjoined units and start reaping the rewards. Contact us today to arrange a viewing and take the first step towards an exceptional real estate investment in a location that offers both tranquillity and proximity to renowned tourist attractions.
Note: Rental income projections are subject to market conditions and tenant occupancy.

While we use all reasonable endeavours to verify the information contained herein, we cannot guarantee that it is entirely accurate. The information provided is obtained through various sources, all of which we consider to be reliable; however, given the nature of 'buyer beware' in Tasmania, it is recommended that prospective purchasers conduct their own investigations in addition to information provided to them by the agency.

Property History for 2 Collins St, Waratah, TAS 7321

A timeline of how this property has performed in the market
Last Sold
$251,000
30 Jul 2021
Listed for Rent
$110/w
11 Feb 2019
  • 30 May 2023
    Listed for Sale $249,000
  • 30 Jul 2021
    Sold for $251,000
  • 05 Jul 2021
    Listed for Sale Best offer over $205,000
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About Waratah 7321

The size of Waratah is approximately 120.3 square kilometres. It has 4 parks covering nearly 15.3% of total area. The population of Waratah in 2011 was 300 people. By 2016 the population was 235 showing a population decline of 21.7% in the area during that time. The predominant age group in Waratah is 60-69 years. Households in Waratah are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Waratah work in a labourer occupation. In 2011, 78.9% of the homes in Waratah were owner-occupied compared with 81.7% in 2016.

Waratah has 429 properties. Over the last 5 years, Houses in Waratah have seen a 85.83% increase in median value, while Units have seen a 203.76% increase. As at 30 November 2024:

  • The median value for Houses in Waratah is $243,068 while the median value for Units is $301,928.
There are currently 10 properties listed for sale, and no properties listed for rent in Waratah on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Waratah.

Suburb Insights for Waratah 7321

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.