175 Gurwood Street, Wagga Wagga NSW 2650

Federation style with modern comforts | 4 bed, 2 bath, large block | Central Gurwood St location | Recently tenanted. This property presents a distinct character proposition in a central location, blending period charm with updated living. The four-bedroom configuration on a substantial block is competitively strong for a family seeking space and established-school catchments. Its recent rental history demonstrates immediate income capacity, positioning it well for an investor or an owner-occupant comfortable with a value-add opportunity, given the disparity between the asking price and estimated market value. The primary risk is paying a significant premium over the estimated valuation range, which would erode equity and yield. The commercial logic involves securing the property only within that lower validated range, leveraging its proven rental demand. Proceed with an offer anchored by a professional valuation and building inspection, as the age and style imply potential maintenance costs. Propcred can precisely benchmark this property against recent sales and detail locality-specific risks for an informed purchase.