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109 Lee Street

Stratford VIC 3862

4
2
2
0 m²
668 m²
House
Currently for sale - view listing

Overview

SET AND FORGET INVESTMENT IN STRATFORD

INVESTMENT SNAPSHOT * Currently leased at $ 540 per week * Estimated gross yield of 4.5% (based on asking price) * Built in 2022 — significant depreciation benefits available * Low-maintenance brick veneer construction DEPRECIATION ADVANTAGE * Built in 2022, this property falls well within the ATO capital works depreciation schedule, offering substantial tax benefits. * Modern fixtures, fittings, and appliances maximise depreciation potential and improve after-tax returns. DESIGNED FOR TENANT RETENTION * Four bedrooms, two bathrooms — appeals to family tenants * Open-plan living with alfresco — a key lifestyle feature * Walk-in pantry with power — a standout renter upgrade * Double remote garage with internal access * Fully fenced yard — ideal for long-term tenants LOCATION AND DEMAND DRIVERS * Walking distance to Stratford Primary School — consistent family demand * Low-vacancy area with strong rental demand * Short drive to local shops and amenities * Rural outlook over farmland — lifestyle appeal supporting resale value With a solid 4.5% gross yield, modern depreciation advantages, and proven tenant appeal, this is a set-and-forget investment in a high-demand location.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
668 m² lot size
House

Property history for 109 Lee Street

2022
Rented
Undisclosed
Leased on 26 Oct 2022 by LJ Hooker Bairnsdale

Happy sellers in Stratford

94%
94% of sellers in Stratford reported that their sale price either exceeded or met their price expectations.

Stratford stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Stratford over the last 12 months.

Local market activity for 4 bedroom houses in Stratford

In the last 12 months, 20 four-bedroom houses similar to 109 Lee Street, have been sold.

This represents a 25% decrease in four-bedroom houses sales when compared to the previous 12 months.

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