SoldAug 27, 2026

109 Lee Street, Stratford, VIC, 3862

$585,000

4
2
2
0 m²
668 m²

House

•

30+ days on the market

Sold: Aug 27, 2026

What's around 109 Lee Street

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.

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