OFF MARKET

49 Collie Street
Albany WA 6330

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 144m2
Land area: 908m2
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Property Details for 49 Collie St, Albany

49 Collie St, Albany is a 3 bedroom, 1 bathroom House and was built in 1870. The property has a land size of 908m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1870
Floor Size
144m2
Land Size
908m2
Local Government
Albany
Lot/Plan
250/P406230

Last Listing description (January 2021)

Property investors, or developer owner occupiers looking for a character property from which to reside will want to look closely at this charming Victorian cottage within the CBD.
Built in the 1870s as a residence for the Moir family, Gilbert's Cottage at 49 Collie Street is recorded on the City of Albany Municipal Heritage Inventory.
The current zoning is Regional Centre Mixed Use which allows many different uses at the property. The density is R30/40 which allows for the opportunity of development at the rear.

The side driveway has been realigned to ensure the side is ample width for further development. A rear development could consist of residential, short stay, commercial, childcare, medical or a combination.

Currently the building consists of the separate rooms, one common area and two toilets at the rear. Commercial leases are currently in place for the three consulting rooms. The rent varies from $375 to $550 per month.
This individual-leasing arrangement reduces the risk of vacant rooms for the owner, while being an attractive, affordable proposition for tenants. It could, however, be leased to one tenant or used by the owner for similar purposes.
Built of solid rendered brick with a Colorbond roof, the cottage displays typical architecture of its era, such as the symmetrical facade with a central front door and a window on either side.
Timber sash windows, well-proportioned rooms and high ceilings characterise this building, which has been well preserved and maintained.
Inside, a big, carpeted reception area fitted with a desk serves for all three tenant practices. Of these three sizeable consulting rooms, one has a double sink, and all three share two lockable toilets reached via the sheltered back porch.
A driveway at the side of the cottage provides off-road parking and leads through to an expanse of lawn at the rear of the 908sqm block.
This versatile character cottage provides an opportunity to invest is a rare piece of historic Albany with commercial benefits.
What you need to know:
- 1870s character cottage in Collie Street
- 908sqm block in CBD
- Solid brick construction, Colorbond roof
- Timber sash windows, high ceilings, generous rooms
- Three rooms currently leased independently
- Large, carpeted reception area with desk
- Two toilets
- Off-road parking
- Big lawn at rear
- Ideal for investor or professionals for own operation
- Potential uses under current zoning.

Property History for 49 Collie St, Albany, WA 6330

A timeline of how this property has performed in the market
Last Sold
$425,000
27 Jun 2018
Listed for Rent
$1.56k/w
22 May 2019
  • 18 Apr 2019
    Listed for Rent $6,760 / year
  • 27 Jun 2018
    Sold for $425,000
  • 14 Dec 2017
    Listed for Sale $495,000
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About Albany 6330

The size of Albany is approximately 2.4 square kilometres. It has 6 parks covering nearly 8.1% of total area. The population of Albany in 2011 was 1,463 people. By 2016 the population was 1,310 showing a population decline of 10.5% in the area during that time. The predominant age group in Albany is 60-69 years. Households in Albany are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albany work in a professional occupation. In 2011, 60.3% of the homes in Albany were owner-occupied compared with 61.7% in 2016.

Albany has 1,367 properties. Over the last 5 years, Houses in Albany have seen a 62.11% increase in median value, while Units have seen a 6.07% increase. As at 31 October 2024:

  • The median value for Houses in Albany is $603,611 while the median value for Units is $247,983.
  • Houses have a median rent of $485 while Units have a median rent of $350.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Albany on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Albany.

Suburb Insights for Albany 6330

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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.