Charming Timber Home with Town Convenience & Rural Views
1012 SQM BLOCK CLOSE TO CBD GREAT ROI Invest or 1st Home $365k FIRM
A Ready-Made High-Yield Investment
This classic timber home offers the best of both worlds — the convenience of town living combined with peaceful rural outlooks. Set on a generous 1,012 sqm, this property presents an outstanding opportunity for investors seeking strong returns or first-home buyers looking for space, comfort, and long-term value.
Currently tenanted and income-producing, this is a true set-and-forget investment, with flexibility for future owner occupation.
Investment Snapshot
Currently rented at $450 per week
Annual rental income of $23,400
Approx. 6.5% gross yield (based on an approximate $370,000 purchase price)
Tenant in place – income from day one-Tenancy expires 24/03/26
Strong local rental demand
Low-maintenance holding
Council rates approximately $3,800 per year
Property Highlights
Generous Land Size
1,0012 sqm of usable land, ideal for adding a large shed, pool, gardens, or simply enjoying the open space.
Warm and Inviting Interiors
Polished timber floors throughout create warmth and character, while the open-plan kitchen and dining area flows effortlessly for everyday living and entertaining.
Year-Round Comfort
Air conditioning in the lounge and main bedroom ensures comfort throughout the year, with built-in wardrobes in two rooms providing practical storage.
Prime Location
A short stroll to town, schools, shops, public transport, and the local leagues club, offering convenience without compromising lifestyle.
Virtual Furnishing – Enhanced Buyer Experience
To respect tenant privacy, the property has been virtually furnished to help buyers:
Visualise room size, layout, and furniture placement
Understand the home’s full potential
Explore styling options without disrupting the tenancy
Why This Property Stands Out
Affordable entry price
Immediate cash flow
Excellent rental yield
Large block
Flexible future options — invest now, live in later
This is the kind of property that performs today and offers long-term growth potential.
Ideal For
Investors building cash-flow portfolios
SMSF buyers seeking stable, passive income
First-home buyers wanting space, charm, and a convenient location
Opportunities like this are increasingly rare. Secure a high-yield, well-located property with lifestyle appeal and long-term upside at 41 Campbell Street, Cullinane.
Enquire today to arrange your inspection.
Disclaimer:
Some internal images have been virtually furnished for marketing purposes only to protect the privacy of the current occupants.
