117 Prinsep Street N

Collie WA 6225

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.