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109 Lee Street, Stratford
$625,000
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For Sale
Inspection Details
Please contact
Veronica Davies
to book an inspection
Property Details
Property Type House
Land 668m²
SET AND FORGET INVESTMENT IN STRATFORD
INVESTMENT SNAPSHOT
• Currently leased at $ 540 per week
• Estimated gross yield of 4.5% (based on asking price)
• Built in 2022 — significant depreciation benefits available
• Low-maintenance brick veneer construction
DEPRECIATION ADVANTAGE
• Built in 2022, this property falls well within the ATO capital works depreciation schedule, offering substantial tax benefits.
• Modern fixtures, fittings, and appliances maximise depreciation potential and improve after-tax returns.
DESIGNED FOR TENANT RETENTION
• Four bedrooms, two bathrooms — appeals to family tenants
• Open-plan living with alfresco — a key lifestyle feature
• Walk-in pantry with power — a standout renter upgrade
• Double remote garage with internal access
• Fully fenced yard — ideal for long-term tenants
LOCATION AND DEMAND DRIVERS
• Walking distance to Stratford Primary School — consistent family demand
• Low-vacancy area with strong rental demand
• Short drive to local shops and amenities
• Rural outlook over farmland — lifestyle appeal supporting resale value
With a solid 4.5% gross yield, modern depreciation advantages, and proven tenant appeal, this is a set-and-forget investment in a high-demand location.
Features
- Split System AC
- Remote Garage
- Fully Fenced
- Built-In-Robes
- Toilets (2)
- Water Tank
- Secure Parking
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For Sale
Inspection Details
Please contact
Veronica Davies
to book an inspection
Property Details
Property Type House
Land 668m²
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