113 Raye Street, Tolland NSW 2650

Situated close to a number of shopping precincts, this renovated residence is a must-see for the astute investor looking for rock-solid returns. Under the current amazing long-term tenant, this property has never had a rental increase and is earning a proven (and possibly conservative) $280 per week. That’s a gross return of over 5.6% on the asking price and with interest rates so low, this property should be positively geared. It will pay itself off!!!

The current owners of the property have tastefully renovated and maintained it, providing a property that is a home rather than just a house. This approach is reflected in the ultra-low turnover of tenants.

Features include:
- Three double bedrooms all with built-ins.
- Renovated bathroom
- Large renovated, custom-built kitchen with ample bench space and near new appliances including dishwasher and gas cooktop
- Matching laundry benchtop and cupboard space
- Carpet and paint have all also had an update.
- Gas heating and ducted evaporative cooling provide comfort all year round
- New carport
- Large private and secure, rear yard with garden shed and a large verandah, perfect for entertaining groups
- Genuine CrimSafe security window screens and doors have recently been installed, providing peace of mind during those warm summer evenings.

This property would make a terrific high yield, low maintenance, low-stress addition to your investment portfolio. Owners have committed elsewhere and need to unlock some capital for their next venture.

Inspections also available by appointment.

To enquire, please email or call 1300 815 051 and enter code 1849