3 Teal Lane, Mallabula, NSW 2319

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Sold for $370,000 (Jul 26, 2019)

"Investor's take note"

Exceptionally presented 3 bedroom brick & tile in an extra-quiet location only a short stroll to the local Aquatic Centre; popular picnic grounds; foreshore reserve & the waterfront of Tanilba Bay. Features a large lounge room; separate kitchen / dining area; 3 ‘good-sized’ bedrooms (with built-ins); bathroom; en -suite to main bedroom; laundry (with 3rd toilet); double garage with internal access & workshop area plus covered outdoor entertaining area. Quality inclusions throughout: ‘split-cycle’ air-conditioning; quality floor-coverings; spear-point watering & more. The home may also appeal to the investors as this modern home should achieve approximately a gross weekly return of $380.00. Inspections are highly recommended and by appointment. Every care has been taken to verify the accuracy of the information contained in this advertising copy but no warranty (either expressed or implied) is given by Raine & Horne or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.

Property Info:
  • Property ID: 20305978
  • Property Type: House
  • Garages: 2
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R&H Suburb Profile: Mallabula

R&H Suburb Summary Houses
Number of sales 15
Average Price $469,533
Median Price $510,000
Median Rental Price $360 p.w.
Change in Rental Rate (5yr) -4 %
R&H Suburb Summary Units
Number of sales 1
Average Price $260,000
Median Rental Price $300 p.w.
Mallabula, NSW - Median Trend