For Sale

174 Piesse Street, Boulder, WA 6432

$449,000

House

Type

Bedrooms

Bathrooms

Parkings

688 m²

Area

Published on Saturday, September 19, 2026 ( See property details for 174 Piesse Street, Boulder, WA 6432)

$449,000

Fayth Donaldson Property Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A solid investment property in Boulder offering strong rental returns with a character home and additional income from a separate studio, sold “As-Is”.

🏡 Property Highlights

Strong rental income with two established tenants generating approximately 9.3% gross yield
Separate 1x1 studio providing additional income potential
Prime investment opportunity with immediate cash flow
Well-maintained character home with classic fibro and iron construction
No strata fees, reducing ongoing costs
Motivated sellers keen for a quick sale

✨ Key Features

Built in robes
Open-Plan Living
Water tank
Fully fenced
Established tenants already in place
Property being sold “As-Is”
Separate 1x1 studio
Garage / Secure Parking
Pet-Friendly
Water tank

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174 Piesse Street

Boulder, WA 6432

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Suburb and Property Insights of Boulder, WA 6432

Boulder is a vibrant suburb known for its rich history and strong community spirit. It offers excellent amenities, convenient access to local services, and a growing rental market. The area features a mix of character homes and modern developments, making it ideal for investors and families alike. With its affordable property prices and steady demand, Boulder presents a promising opportunity for long-term growth. Enjoy a relaxed lifestyle with proximity to schools, parks, and local attractions, all within a friendly neighbourhood setting.

Frequently Asked Questions

What is the current condition of the property and are there any known issues?

The property is being sold “As-Is,” and buyers should conduct their own inspections to assess its condition and identify any potential issues.

Are there any restrictions or approvals required for the rear studio?

The Seller and Agent make no representations regarding the council approval or permitted use of the rear studio. Buyers should verify this with the relevant authorities before proceeding.

What are the ongoing costs associated with the property?

Estimated annual costs include council rates of approximately $2,958.94 and water rates around $300.00. Other expenses such as maintenance and management fees should be considered.

Is the property suitable for owner-occupiers or only investors?

While the property is currently leased to tenants, it could be suitable for owner-occupiers in the future, subject to council approval and zoning regulations.

What is the potential for future capital growth in Boulder?

Boulder’s strong community, ongoing development, and steady rental demand suggest good potential for long-term capital growth, though specific forecasts should be discussed with a local real estate expert.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses not disclosed? Has the rear studio been approved by council, and are there any restrictions on its use? Are there any zoning or planning restrictions that could affect future development or modifications? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned developments or construction projects nearby that could impact the property’s value or livability? What are the terms of the existing leases, and are there any upcoming rent reviews or lease expirations? Are there any easements, covenants, or other legal restrictions affecting the property? What are the total ongoing costs, including management fees, insurance, and maintenance? Is the property compliant with all local building codes and regulations? Are there any strata or community title considerations, or is this a freehold property?

174 Piesse Street, Boulder, WA 6432 - More Details

$449,000

Looking for an investment where the numbers do the talking?
Priced competitively at $449,000 and currently generating a combined $805 per week across two existing tenancies, 174 Piesse Street presents an interesting opportunity for investors chasing strong rental returns from day one.

At the front sits a three-bedroom, one-bathroom fibro and iron character home, currently leased for $455 per week until April 2027.

Adding to the property's income is a separate rear studio, currently leased for a further $350 per week until September 2027.

Together, the existing tenancies are currently returning $805 per week – equivalent to approximately 9.3% gross rental yield based on the $449,000 asking price.*

The property is being sold “As-Is”, with motivated Sellers keen to secure a quick sale – all genuine offers are encouraged!

Key features

• 3x1 Fibro & iron character home + Separate 1x1 studio
• Main residence leased at $455pw until April 2027
• Rear studio currently leased at $350pw until September 2027
• Combined current rental income: $805pw (Approx. 9.3% gross rental yield)*
• Established tenants already in place
• Property being sold “As-Is”
• Block Size: 688 m2
• Council rates: $2,958.94 pa / Water rates: $300.00 pa (Approx.)
• No Strata Fees!

Important Notice: The property is being sold “As-Is”. The Seller and Agent make no representation or warranty as to the Council approval, classification or permitted use of the rear studio. Buyers should make their own independent enquiries with the relevant authorities regarding the improvements to the property and their approved use prior to making an offer.

*Gross rental yield is calculated using the current combined rental income of $805 per week and the $449,000 asking price and does not take into account property expenses or other outgoings.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1
Area: 688 m²

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