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  • 1-5/5 Joyes Place, TOLLAND, NSW 2650

1-5/5 Joyes Place, Tolland, NSW 2650

  • 10 Bed
  • 5 Bath
  • 5garages

Sold

Sold for $1,100,000 on Aug 27, 2024

Investors Form A Line

Nestled on a substantial 961 sqm corner block, this neat, maintained complex represents a unique investment opportunity. Boasting five brick units, each residence is designed to deliver comfort and contemporary living amenities.

The complex comprises five two-bedroom units, with Units 1 and 2 offering slightly more spacious interiors for enhanced living comfort. Each bedroom is fitted with built-in robes, ensuring ample storage and a streamlined living experience. Each unit includes a bathroom with integrated laundry facilities, designed for maximum functionality and convenience. Equipped with split system heating and cooling, each unit ensures a consistently comfortable living environment. Located at the rear of the complex is a carport with space for five vehicles, convenience for all residents.

This property's strategic positioning on a corner block ensures excellent visibility and accessibility, enhancing its appeal to potential tenants. The durable brick construction and superior maintenance of the units promise longevity and reduced upkeep costs. The location, combined with the high quality of the units, ensures strong long-term growth potential, making this a great investment choice.

This property represents a rare blend of immediate rental yield and promising long-term appreciation. Each unit's modern design and functional amenities cater to tenant comfort, while the strategic location guarantees continued demand. Whether you are a seasoned investor or exploring new opportunities, this complex offers a compelling proposition.

Seize this opportunity to invest in a property that combines immediate returns with enduring value.

Contact us today to arrange a viewing and embark on the path to securing this exceptional investment.

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avatar Grant Harris
Grant Harris
Director/Licensed Real Estate Agent
avatar Jessica Barclay
Jessica Barclay
Sales Associate

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L29395633
  • Property Type:House
  • Building / Floor Area:208 sqm
  • Garages:5
  • Land Area:961 sqm
We Know Your Area
R&H Suburb Profile: Tolland
R&H Suburb SummaryHouses
Number of sales55
Average Price$517,172
Median Price$485,000
Median Rental Price$440 p.w.
Change in Rental Rate (5yr)60 %
R&H Suburb SummaryUnits
Number of sales11
Average Price$239,227
Median Price$242,000
Median Rental Price$320 p.w.
Change in Rental Rate (5yr)75 %
Median Trend - $485,000
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