49 Richmond Street, Williams WA 6391

Older cottage | large 2480m² lot | inconsistent room counts | just outside town centre This property’s primary strength is its substantial half-acre parcel, a rare offering in a small rural town where typical lots are far smaller. This creates immediate utility for buyers seeking space, privacy, or hobby-farm potential at a rural-residential price point. The older cottage, while modest in floor area, aligns with the town’s character and serves a specific buyer profile: families or retirees prioritising land size and a country lifestyle over modern home finishes. The configuration inconsistencies across listings, however, signal a need for verification, as a true fourth bedroom or second bathroom would materially alter its functional appeal and value. Proceed with a conditional assessment focused on validating the bedroom and bathroom count through an independent inspection; this discrepancy is the core risk, potentially misrepresenting the property’s capacity and market value. The commercial logic is acquiring below-median-priced acreage in a stable, low-supply market. Given the town’s limited rental turnover, this property is best held as a long-term lifestyle purchase, not a short-term rental investment, with its yield secondary to the land asset’s utility and scarcity.