19 Bruce Street, Tolland NSW 2650

3 bed brick lowset | 638sqm block | tenant in place til Sep 2026 | updated kitchen and split system The property’s strongest buying case is the secured tenant at $420 per week through September 2026, which removes vacancy risk for an investor and provides immediate cash flow from settlement. The updated kitchen and split-system climate control reduce immediate capital expenditure, while the single-level brick construction on 638sqm offers broad appeal to both investors and first-home buyers seeking low-maintenance ownership in an established Wagga Wagga suburb with schools and a shopping centre nearby. This house is best suited to someone wanting a straightforward, income-producing holding rather than a renovation project. The main risk is that the asking range sits at the upper boundary of automated valuations, meaning the buyer pays a premium for the existing lease rather than for structural upside. The single bathroom limits appeal for families and may cap future rental growth. The NBN connection is Fibre to the Node, which is adequate but not a prime value driver. Buyers should verify lease terms, rent payment history, and the condition of roof and plumbing before committing. If held, the property works best as a medium-term rental hold until the lease expires, at which point the buyer can reassess whether to raise rent to market levels or sell into the owner-occupier market.