SOLD
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Sold on 24 Jul 2024 for $360,000

117 Prinsep Street N
Collie WA 6225

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 725m2
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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.

Building Type
House
Land Size
725m2
Local Government
Collie
Lot/Plan
3/D011302

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

A timeline of how this property has performed in the market
Last Sold
$360,000
24 Jul 2024
Listed for Rent
$430/w
23 Aug 2023
  • 24 Jul 2024
    Sold for $360,000
  • 18 Jul 2024
    Listed for Sale Offers Over $349,000
  • 25 May 2024
    Listed for Sale Offers Over $349,000
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About 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 4,339 properties. Over the last 5 years, Houses in Collie have seen a 138.16% increase in median value, while Units have seen a 104.84% increase. As at 31 October 2024:

  • The median value for Houses in Collie is $368,101 while the median value for Units is $264,286.
  • Houses have a median rent of $490 while Units have a median rent of $320.
There are currently 52 properties listed for sale, and 3 properties listed for rent in Collie on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Collie.

Suburb Insights for Collie 6225

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Contact agent
Matt Blackford
Show contact details
Elders Southern Districts Estate Agency Collie
Preferred contact:
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.