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Back 1,2,3,4/38 Raye Street
Off Market

1,2,3,4/38 Raye Street

Tolland NSW 2650

7
4
4
778 m²
Block of units
Last sold for $871,000
Mathew LongmoreMathew Longmore, last sold this property on 20 May 2025 after 47 days on market.

Overview

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.

Features

7 bedrooms
4 bathrooms
4 carspaces
4 open car spaces
778 m² lot size
Block of units

Estimated Value

We need at least 3 similar 7 bedroom block of units sold in Tolland over the last 12 months.

Property history for 1,2,3,4/38 Raye Street

2025
Sold
$871,000
20 May 2025 by Mathew Longmore, of Raine & Horne Wagga Wagga
2021
Sold
Undisclosed
10 Nov 2021 by Mathew Longmore, of Raine & Horne Wagga Wagga

Happy sellers in Tolland

93%
93% of sellers in Tolland reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 11 reviews in Tolland over the last 12 months.

Local market activity for 7 bedroom block of units in Tolland

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Jacinta Kelly

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Mark Macarthur

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Lazetta Gaffney

Lazetta Gaffney is a recommended agent for Tolland.  They have 2 local sales and collected 1 local review across the last 12 months.

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