1-4/38 Raye Street Tolland NSW 2650
Sold $871,000
- Property Type Block of Units
- Land area approx 778sqm
- Region Riverina
- Locality Wagga Wagga
- Toilets 4
- Uncovered Carspaces 4
Brilliant Investment - Four Units
A fantastic four-tier investment option with loads of upside. Consisting of three two-bedroom properties & a one bedroom property with solid returns and historically low vacancy.
All Units - 1,2,3,4, include:
• Kitchen with electric oven & cooktop with generous bench & cupboard space
• built-in robes to bedrooms
• updated reverse cycle air-conditioner
• Main bathroom with shower, toilet, and vanity
• Open plan living
• Onsite parking
• 2 shared laundries
Unit 1 - Original condition with some updates
Unit 2 - Original condition with some updates
Unit 3 - Mainly original condition with fresh paintwork
Unit 4 - Renovated kitchen, fresh paintwork and flooring
Rental Returns:
Unit 1 - $320 per week (2 bedroom)
Unit 2 - $300 per week (2 bedroom)
Unit 3 - $320 per week (2 Bedroom)
Unit 4 - $300 per week (1 Bedroom)
Yearly income of $64,480
Rates - $5,228.94p.a
Water - $1,103.72 for 2024 (the landlord pays for all water)
Land - 777.80 sqm
Currently on one title, NO strata.
Moments to Tolland shops, bus route and local schooling.
Expenses can be provided upon request.
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Call Agent
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Mathew LongmoreRaine & Horne Wagga Wagga
Call Agent
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Claire ZollingerRaine & Horne Wagga Wagga