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1-3/52 Raye Street TOLLAND, NSW 2650

Bed Icon6 Bedrooms
Bath Icon3 Bathrooms
Car Icon3 Parking
Block size:697
Bed Icon6 Bedrooms
Bath Icon3 Bathrooms
Car Icon3 Parking

Fantastic Investment Opportunity Hesitate And Miss

Situated on a corner block within a peaceful cul-de-sac, this well-maintained 696sqm complex presents a unique investment opportunity. Featuring three brick units, each with a consistent layout that includes a single living area, combined kitchen dining area, and two bedrooms. All units currently tenanted with a current weekly income of $900 per week with the potential to increase in the future.

Unit 1:
- Currently tenanted for $290.00 per week and in lease until 18/01/2025
- Two bedrooms, one with built in robe
- Updated kitchen with electric cooking and abundance of cupboards
- Multiple split systems – one in the main bedroom and the second in the living area plus ceiling fans
- Updated bathroom complete with shower, vanity and toilet
- Separate internal laundry with access to the back courtyard area
- Undercover car accommodation to the front of the unit

Unit 2:
- Just leased for $320.00 per week with the lease until 01/09/2025
- Two bedrooms, one with built in robe
- Updated kitchen with electric cooking and abundance of cupboards
- Split system heating and cooling to keep you comfortable
- Freshly painted and newly restored cypress floorboards for that modern feel
- Updated bathroom complete with shower, vanity and toilet
- Separate internal laundry with access to the back courtyard area
- Undercover car accommodation to the back of the unit

Unit 3:
- Currently tenanted for $290.00 per week and in lease until 24/07/2025
- Two bedrooms, one with built in robe
- Updated kitchen with electric cooking and abundance of cupboards
- Split system heating and cooling to keep you comfortable
- Updated bathroom complete with shower, vanity and toilet
- Separate internal laundry with access to the back courtyard area
- Undercover car accommodation to the back of the unit

Situated across from Red Hill Public School, walking distance to sporting ovals, Tolland Shopping Centre, public transport and a short drive to the CBD. With endless possibilities for value-adding, this hassle-free set and forget complex is perfect for investors looking to capitalize on Wagga's thriving market. Contact Chloe to organise your inspection or for more information.

Council Rates: $4,039.50 per annum
Land Size: 696.56 sqm
Rental Potential: $300.00 - $330.00 per week, per unit
Strata Fees: NIL

*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Inspections

Information about this Block of Units

  • Listed on
  • Last updated
  • Property typeBlock of Units
  • Block size697m² (approx)
  • Bedrooms6
  • Bathrooms3
  • Parking spaces3
  • Stamp duty$36,382
* Figures quoted above are approximate values based on available information.

Sales History for 1-3/52 Raye Street TOLLAND, NSW 2650

There is currently no sale history available for 1-3/52 Raye Street.

Local Neighbourhood

1-3/52 Raye Street TOLLAND, NSW 2650 has 29 schools within 5 kilometres, with the closest being Red Hill Public School.

DistanceSchoolAddress
0.12 kmRed Hill Public SchoolHawkes Place, Wagga Wagga 2650Pin Icon
0.55 kmM.E.T. School35b Bruce Street, Tolland 2650Pin Icon
0.63 kmMount Austin High SchoolLeavenworth Drive, Wagga Wagga 2650Pin Icon

About Tolland

1-3/52 Raye Street is located within the suburb of Tolland, which has a population of 3,357, a median age of 35 and an average household density of 2.4 people.

  • 3357Population
  • 35Median Age
  • 2.4Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached
Not Stated

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Tolland

Suburb Profile
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