SOLD
Sold on 11 Apr 2024 for $10,000,000

56 Forrest Street
Collie WA 6225

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4507m2
Land area: 1804m2
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Property Details for 56 Forrest St, Collie

Building Type
Commercial
Year Built
1989
Floor Size
4507m2
Land Size
1804m2
Local Government
Collie
Lot/Plan
12/D074375

Last Listing description (July 2022)

Collie is a vibrant community in excess of 10,000 people located approximately 205 kilometres south west of Perth and 59 kilometres east of Bunbury. It has a strong Central Business District and provides easy access to the coast and Perth.

Collie Central maintains a prime location fronting both Forrest and Johnston Streets, and a further two additional entry points from Harvey and Steere Streets to ensure high accessibility within the Town Centre.


With national operators including Woolworths, Chemmart, OPSM and Liquorland, as well as local retailers Boulevard Caf, Toscas Boutique and discount variety store Under The Sun, consumers expect and receive quality products and service.

The shopping centre boasts ample parking to cater for the array of convenience based stores and is Collies only true shopping centre; a one-stop-shop for locals and visitors alike.

Remaining leasing opportunities will suit a wide range of specialty retailers including:

Opportunities for specialty retailers include:
- Newsagency
- Bakery
- Hair and Beauty
- Fresh Food
- Real Estate
- Health Services
- Fast Food
- General Services
- Massage
- Fashion and Accessories

Lease Equity have been appointed as the new managing and leasing agents. They bring a clear vision for Collie Central that focuses on quality and convenience for Collie locals.

For further details or to arrange an inspection, please contact James Hopkins of Lease Equity.

Property History for 56 Forrest St, Collie, WA 6225

A timeline of how this property has performed in the market
Last Sold
$10,000,000
11 Apr 2024
Listed for Rent
$192/w
07 Jul 2022
  • 11 Apr 2024
    Sold for $10,000,000
  • 02 Sep 2019
    Listed for Rent - Price not available
  • 10 Jun 2019
    Listed for Rent - Price not available
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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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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.