656 & Lot 2 Collie Preston Road, Preston Settlement.

'Waterstone' is a charming rural retreat offering an exceptional lifestyle opportunity for buyers seeking space, privacy, and peaceful country living. Nestled on approximately 10 acres in the Shire of Collie, this unique property straddles two adjoining 5-acre titles in the highly sought-after Preston Settlement-giving you both an established, character-filled home and a second parcel with untapped potential. Combining natural beauty with practical infrastructure, it provides the ultimate setting for a relaxed hobby farm, multi-generational living, or a quiet escape, all within easy reach of town. The Residence (Lot 3) Arriving at the home is a picturesque experience, welcoming you as you cross the dam toward the residence. Originally built in the 1950s, the home has been thoughtfully restored by the current owners with a touch of urban chic to suit modern lifestyles. • Timeless Character: Stunning high ceilings, detailed cornices, rich timber floorboards, and underfloor insulation (to most of the home) create a genuine sense of warmth and soul. • Living & Dining: The welcoming loungeroom showcases classic jarrah floorboards and features a ceiling fan, split-system air-conditioning, and a cosy log fire for cooler months. • Country Kitchen: Well-equipped with a restored original Metters stove alongside a Chef freestanding gas cooker, corner pantry, breakfast bar, ample bench space, and generous storage. • Sunroom & Veranda: The open floorplan flows seamlessly into a light-filled sunroom-featuring an oversized timber-framed window-and out to a covered veranda ideal for morning coffees and taking in the views. • Accommodation: Features a comfortable king-sized master bedroom, a queen-sized second bedroom, and two additional modest bedrooms. A versatile extra space serves well as a home office, games room, or storage area. The Second 5-Acre Title (Lot 2) Offering endless opportunities, the adjoining five acres provides a blank canvas for your rural dreams. • Elevated Views: Build your dream off-grid escape at the top of the hill to capture sweeping panoramic views overlooking the picturesque Preston Settlement. • Natural Water: This parcel is enriched by a seasonal winter creek and a permanent soak, adding natural charm and practicality for livestock or gardens. Land, Water & Infrastructure With much of the hard work already done, the grounds are well-equipped for livestock, self-sufficiency, and weekend projects. • Abundant Water: Divided into multiple paddocks with comprehensive water security across the titles, including rainwater tanks, a pristine dam (perfect for summer swims), a well, a winter creek, and a soak. • Sheds & Workshops: Includes a powered 4-bay workshop, a cement pad, and a hay and stock shed. • Orchard & Gardens: Enjoy established vegetable gardens, chook pens, and an abundance of grafted fruit trees including prolific citrus, pear, nectarine, mulberry, lemon, and orange. • Outdoor Conveniences: Complete with a freestanding laundry wet room and a classic, charming 'outside dunny' featuring a convenient handwash station. Location & Local Perks Whether you are curling up with a book in the sunroom during winter or enjoying the open space in summer, Waterstone embraces the very best of the South West lifestyle. • Convenient Access: Located just over 7km (under 10 minutes) from the Collie town centre, and just over 50km (a 40-minute drive) from the city of Bunbury. • Business Incentives: Looking to relocate your business? The Shire of Collie offers start-up funding for new or transitioning small businesses moving into the area. Contact the Shire or ask your agent for further details.