1-3, 2 Hawkes Place, Tolland, NSW 2650

  • 6
  • 3
  • 3

Sold

Sold for $410,000 (Nov 12, 2019)

Bricks and Mortar Investment

7.07% gross return on asking price!

- the property has only had 2 owners in 40 years = comfortable, producing asset

- 3 × 2 bedroom units on large 1105.1 m2 (approx.) block at end of no-through street

- predominately in solid original condition with regular maintenance being carried out

- minimal vacancy factor over the years of ownership

- renovations or updating will add value and increase rental return further

- rare opportunity to purchase an entire block

- one title, single owner, no strata,

The numbers

Gross income $29,640

Council rates $3,328

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Property Info:
  • Property ID: 18454240
  • Property Type: House
  • Carports: 3
We Know Your Area
R&H Suburb Profile: Tolland

R&H Suburb Summary Houses
Number of sales 55
Average Price $275,105
Median Price $253,000
Median Rental Price $290 p.w.
Change in Rental Rate (5yr) 4 %
R&H Suburb Summary Units
Number of sales 4
Average Price $141,250
Median Price $123,000
Median Rental Price $193 p.w.
Change in Rental Rate (5yr) 7 %
Tolland, NSW - Median Trend
$253,000