2/16 Kelly Street, Manjimup WA 6258

2/16 Kelly Street, Manjimup WA 6258
2-bed villa on large shared lot | Solar and reverse-cycle air | Leased until early 2027 | Entry-level or downsizer appeal This property is a two-bedroom villa within a small multi-unit complex, distinguished by its unusually large shared land component of over 1200 square metres. That generous site, combined with confirmed energy-efficiency upgrades like solar panels, full insulation, and reverse-cycle air conditioning, positions it as a lower-maintenance dwelling that still offers outdoor space. It sits in a practical, rental-active pocket of Manjimup, making it most suitable for investors seeking a tenanted holding, or for downsizers and first-time buyers wanting a simple, efficient home without the upkeep of a detached house. The mixed rental evidenceโ€”one source shows a fixed lease at $300 per week through to early 2027, while another notes a lower $220 rateโ€”may indicate some inconsistency in how the unit has been marketed or tenanted, and this could affect yield expectations. The lack of confirmed build year, internal finishes, or renovation standard means the condition and layout should be verified in person, as these factors may influence both desirability and any future capital growth.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/16 Kelly Street, Manjimup WA 6258
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Market Insight:

Manjimup is a tightly held regional centre with a market characterised by strong family ownership and a notable agricultural heritage. Demand is anchored by established local households, with a significant portion carrying mortgages, indicating a stable owner-occupier base. Recent price performance has been robust, reflecting a competitive environment where available stock is limited and rental vacancy is exceptionally low. Future growth is intrinsically linked to its agricultural and resource-based economy, though the constrained supply of listings presents a key market dynamic for prospective buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

1227mยฒ

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