1086 Waugh Road, North Albury NSW 2640

3-bedroom house on 778m² block | tenanted at $220/week | older style with partial updates | suited to investors or value-seeking families | large yard and shed for utility A large block of this size is relatively uncommon in the suburb and gives the property an edge for buyers wanting outdoor space, storage, or future flexibility. The existing tenancy at a modest rent makes this a straightforward buy for someone looking for immediate cash flow without needing to find a tenant. It is an older home that has been updated just enough to be comfortable—split-system heating and cooling, built-in robes, a separate dining area, and a rear entertaining space—but it is not a polished renovation. The property sits in an established suburban pocket with good access to local schools and shops, and it serves best an investor seeking low‑maintenance rental stock or a buyer who values land and utility over modern finishes. Value may be influenced by the limited extent of upgrades – the kitchen and bathroom appear original or only lightly refreshed, which could mean a new owner faces near‑term improvement costs. Inconsistencies in property records for bathrooms and car spaces might require verification during due diligence, though the sale listing is the most reliable source. The reported rent of $220 per week may be below what the market could achieve after a refresh, so a buyer should weigh the potential for rental growth against the likelihood of needing to spend on updates.