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Flat
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High Yield Investment with Future Strata Potential
Cookardinia
· 7 Bedrooms · 4 Baths · Flat
· Parking · Equipped kitchen
Cookardinia · 7 Bedrooms · 4 Baths · Flat · Parking · Equipped kitchen
38 Raye Street presents a rare opportunity to secure a high yielding residential asset in a sought after Wagga Wagga locale. Comprising four separate units on a generous block, this property is perfectly suited for astute investors and savvy developers seeking future growth and flexible strategies. The complex offers three well maintained two bedroom, one bathroom units, plus a single bedroom, single bathroom residence. Each unit features a modern, newly upgraded kitchen, ensuring ongoing tenant appeal and minimal immediate outlay. All units are currently tenanted with leases ranging from $320-$340 per week, providing solid and consistent rental income from day one. With a total of four off street parking spaces and water main compliance already achieved, the property also boasts in progress electrical upgrades for further peace of mind. While the bathrooms remain original, their tidy condition offers scope for future value adding improvements. This block sits on one title with potenti
38 Raye Street presents a rare opportunity to secure a high yielding residential asset in a sought after Wagga Wagga locale. Comprising four separate units on a generous block, this property is perfectly suited for astute investors and savvy developers seeking future growth and flexible strategies. The complex offers three well maintained two bedroom, one bathroom units, plus a single bedroom, single bathroom residence. Each unit features a modern, newly upgraded kitchen, ensuring ongoing tenant appeal and minimal immediate outlay. All units are currently tenanted with leases ranging from $320-$340 per week, providing solid and consistent rental income from day one. With a total of four off street parking spaces and water main compliance already achieved, the property also boasts in progress electrical upgrades for further peace of mind. While the bathrooms remain original, their tidy condition offers scope for future value adding improvements. This block sits on one title with potenti
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