11 Gilmore St

Coolah NSW 2843

1442 m²

House

Currently for sale - view listing

Overview

Secure Investment with Tenant in Place

An appealing opportunity for investors looking to secure a well-positioned property with an established long-term tenant already in place. This home is currently leased at $340 per week, with the current lease in place until April 2027, providing an immediate rental income stream and allowing the new owner to enjoy the benefits of an existing tenancy from settlement. The cosy home offers a comfortable and practical layout, with two generously sized bedrooms plus a smaller third bedroom, providing flexibility for families, guests, a home office or additional living space. The home features a modern, spacious kitchen with excellent cupboard storage and a practical layout. A long lounge area provides a comfortable central living space and flows through towards the sunny backyard. The bathroom and laundry are currently separate, with scope for future improvements or renovation should the new owner wish to add further value to the property. Outside, the property offers a large lawn area, along with several sheds providing useful additional storage. An adjoining carport provides convenient off-street vehicle accommodation. Rear access to the property is available, with plenty of room to build a big shed. For investors, the combination of an existing long-term tenant, $340 per week rental income and a lease extending until April 2027 makes this a straightforward addition to a property portfolio. There is also scope for future improvement and potential capital growth over time. Property Highlights • Current long-term tenant in place • $340 per week rental income • Lease in place until April 2027 • Two generously sized bedrooms plus smaller third bedroom • Modern, spacious kitchen with excellent storage • Long lounge area with access towards the sunny backyard • Separate bathroom and laundry • Large lawn area • Multiple sheds providing additional storage • Convenient carport • Comfortable cottage-style home • Walking distance to School and Shops • Scope for future improvements and value adding • Appealing investment opportunity in Coolah An excellent opportunity to secure an income-producing property with a tenant already in place, while retaining the potential to add value in the future. Please call Shelley on 0429 771031 for further information or to organise an inspection.