FOR SALE
Price Guide $950,000 - $1,000,000

1 Baluster Street
Raymond Terrace NSW 2324

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Land area: 752m2
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Investor Alert: Multi Income - returns of over $1100 per week

Investor Alert: Exceptional Dual-Income Opportunity Awaits at 1 Baluster Street, Nestled on a generous 758sqm parcel of land, this substantial property presents a lucrative investment with two separate income streams.
The main residence boasts four well-appointed bedrooms all with built in robes master with walk in robe, an ensuite to complement the main bathroom, and two versatile living spaces, currently generating a robust $640pw with a reliable long-term tenant. This spacious abode is tailored for comfortable family living.
Elevating the appeal, a newly constructed, detached 2-bedroom granny flat offers contemporary design and finishes, promising an anticipated yield of approximately $490pw. This modern addition is poised to attract discerning renters seeking quality and convenience.
With a total of 6 bedrooms, 3 bathrooms, and off-street parking for 2 vehicles, this investment package is designed to maximise returns. Seize this multi-income investment gem in the heart of Raymond Terrace, where demand for rental properties remains high. Don't miss this strategic acquisition for your portfolio.
Contact Kale for further information or to request and inspection 0431122009
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, Dotcom Property Sales, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability, and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.

Property Details for 1 Baluster St, Raymond Terrace

1 Baluster St, Raymond Terrace is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 752m2. The place is currently for sale with Dotcom Property Sales.

Building Type
House
Land Size
752m2

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About Raymond Terrace 2324

The size of Raymond Terrace is approximately 33.8 square kilometres. It has 27 parks covering nearly 34.7% of total area. The population of Raymond Terrace in 2011 was 12,724 people. By 2016 the population was 12,788 showing a population growth of 0.5% in the area during that time. The predominant age group in Raymond Terrace is 0-9 years. Households in Raymond Terrace are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raymond Terrace work in a trades occupation. In 2011, 58.9% of the homes in Raymond Terrace were owner-occupied compared with 57% in 2016.

Raymond Terrace has 6,726 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 63.83% increase in median value, while Units have seen a 79.78% increase. As at 30 November 2024:

  • The median value for Houses in Raymond Terrace is $565,330 while the median value for Units is $463,098.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 40 properties listed for sale, and 19 properties listed for rent in Raymond terrace on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Raymond terrace.

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