1-4/38 Raye Street, Tolland, NSW 2650
- 7
- 4
- 4
For Sale
Expressions of Interest
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.

Grant Harris
Director/Licensed Real Estate Agent

Claire Zollinger
Director/Licensed Real Estate Agent
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L16499573
- Property Type:Block of Units
- Open Parking:4
- Land Area:778 sqm
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We Know Your Area

R&H Suburb Summary | Houses |
---|---|
Number of sales | 56 |
Average Price | $523,749 |
Median Price | $490,000 |
Median Rental Price | $440 p.w. |
Change in Rental Rate (5yr) | 57 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 6 |
Average Price | $226,667 |
Median Price | $236,000 |
Median Rental Price | $320 p.w. |
Change in Rental Rate (5yr) | 68 % |
Median Trend - $490,000
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