1-3 Bavaria St, Tolland is a 12 bedroom, 6 bathroom House with 6 parking spaces and was built in 1980. The property has a land size of 1583m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Set and Forget with 6 x 2 Bedroom Units
Situated close to shops, schools & sporting facilities this development of six (6) 2 BDR units is an ideal addition to your investment portfolio. Not a thing is needed to be done, with all units being updated thoroughly throughout.
All units are currently occupied.
* Each unit has open plan kitchen meals area renovated kitchens and electric cooking
* Two bedrooms plus bathroom and internal laundries
* Under cover car accommodation for each unit
* Brick veneer construction with colorbond roofs
* Seperate electric Hot Water Systems for each unit
* Current return is $67,860p/a
A wonderful opportunity to pick up a full block of units with a great return. For more information contact Ryan Smith on 0449 592 211
The size of Tolland is approximately 2 square kilometres. It has 4 parks covering nearly 11.9% of total area. The population of Tolland in 2011 was 3,550 people. By 2016 the population was 3,363 showing a population decline of 5.3% in the area during that time. The predominant age group in Tolland is 0-9 years. Households in Tolland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tolland work in a labourer occupation. In 2011, 54.9% of the homes in Tolland were owner-occupied compared with 51.6% in 2016.
Tolland has 1,694 properties. Over the last 5 years, Houses in Tolland have seen a 75.63% increase in median value, while Units have seen a 94.52% increase. As at 31 August 2024:
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