52 Ziegler Avenue, Kooringal NSW 2650

Sold

4 beds

1 baths

1 parking

Wagga Wagga Investment

So investors here are the numbers:
- Rent = $250 per week
- Gross Yield = 7.74 on asking price
- Council rates = $1,676.53 per annum
- Population = approx 64,000 with expectation of reaching 100,000 by 2038

Here is a Cash Positive Investment ready and waiting with a current long term tenant which is lease until May 2021.

Located in Kooringal, the home is well zoned for both Primary and High Schools and a short level walk to the Kooringal Mall.

The Wagga Wagga rental market remains very strong with vacancy rates traditionally around 2-3%. Our city is strategically located on the main highways connecting Sydney to Adelaide and Melbourne to Sydney and Brisbane. As one of Australia's fast growing regional cities, investment in Wagga Wagga is seen as reliable and safe. No longer a rural town, Wagga Wagga has established itself as a hub for medicine, education and logistics.

A great place to invest.


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When attending an inspection, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain 1.5 metre distance from anyone attending the open for inspection, including other prospective buyers and our team members, and if requested wait outside so as to reduce the number of people in the property at any one time. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance. Thank you.

Property Details

• Type: House
• Bedrooms: 4
• Bathrooms: 1
• Garage Spaces: 1