118 Raye Street, Tolland, NSW 2650
- 3
- 2
- 2
For Sale
$499,000
Smart Investment With Immediate Returns
If you're a savvy investor seeking a reliable income stream, 118 Raye Street, Tolland offers the ideal opportunity. Set in a high-demand rental area and located close to local shops, schools, and public transport, this property combines convenience, comfort, and long-term value.
The home features three well-proportioned bedrooms, all with built-in robes and ceiling fans. The master bedroom includes a stylish, recently renovated ensuite, while the main bathroom has also been tastefully updated. Ducted evaporative cooling and ducted gas heating ensure year-round comfort for occupants.
Practical and energy-efficient, the home also includes 2KW solar panels, security shutters, and a garden shed. The enclosed outdoor patio area provides a great space for entertaining or relaxing, with a low-maintenance yard to complete the package.
Currently leased at $470 per week with a tenancy secured until April 2026, this property offers an immediate and consistent return in a sought-after location.
Don't miss this outstanding opportunity to secure a move-in ready home or set-and-forget investment.

Grant Harris
Director/Licensed Real Estate Agent

Jessica Barclay
Sales Associate
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L30610808
- Property Type:House
- Building / Floor Area:139 sqm
- Garages:2
- Land Area:587.7 sqm
We Know Your Area

R&H Suburb Summary | Houses |
---|---|
Number of sales | 64 |
Average Price | $531,468 |
Median Price | $494,000 |
Median Rental Price | $450 p.w. |
Change in Rental Rate (5yr) | 61 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 6 |
Average Price | $226,667 |
Median Price | $236,000 |
Median Rental Price | $320 p.w. |
Change in Rental Rate (5yr) | 68 % |
Median Trend - $494,000
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