1,2,3,4/38 Raye Street, Tolland, NSW, 2650

SoldNov 11, 2021

1,2,3,4/38 Raye Street, Tolland, NSW, 2650

Amount undisclosed

778 m²

House

•

30+ days on the market

Sold: Nov 11, 2021

What's around 1,2,3,4/38 Raye Street

Wonderful 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 • reverse cycle air-conditioner • Main bathroom with shower, toilet, and vanity • Open plan living • Onsite parking • shared laundries Unit 1 - Original condition with some updates Unit 2 - Original condition Unit 3 - Original condition, long term tenant of 10+ years Unit 4 - Renovated kitchen, fresh paintwork and flooring Rental Returns: Unit 1 - $160 per week Unit 2 - $155 per week Unit 3 - $165 per week Unit 4 - $175 per week (1 Bedroom) Yearly income of $34,060 Rates - $4760p.a Water - $881 for last twelve months (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. Income and expenses can be provided upon request.