1-3, 2 Hawkes Place, Tolland, New South Wales, 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

Property Info:

  • Property ID: 18454240
  • Property Type: House
  • Garages: 3

We Know Your Area

R&H Suburb Profile: Tolland

R&H Suburb Summary Houses
Number of sales 46
Average Price $260,039
Median Price $262,500
Median Rental Price $280 p.w.
Change in Rental Rate (5yr) 0 %
R&H Suburb Summary Units
Number of sales 1
Average Price $65,000
Median Price $123,000
Median Rental Price $185 p.w.
Change in Rental Rate (5yr) 3 %
Tolland, NSW - Median Trend
  • 1-3, 2 Hawkes Place, Tolland,
    New South Wales, 2650