393 Tarakan Avenue, North Albury NSW 2640

4 bed | 1 bath | 1 car | 961m² land | leased to 2027 at $480pw | practical family stock This property’s competitive edge lies in its landholding. At 961 square metres it is generous for a four-bedroom house in this part of Albury, and the existing lease through to early 2027 provides immediate income certainty for an investor. The advertised shedding and flexible indoor-outdoor layout suggest a dwelling suited to families who value workshop space or outdoor utility over polished finishes. In a suburb where detached houses on substantial blocks remain the dominant stock type, this property serves best a buyer seeking land content and tenanted yield rather than turnkey presentation or compact convenience. The single bathroom may limit appeal for owner-occupiers with children or guests, and the absence of confirmed building age or renovation history means a buyer should factor in potential maintenance or upgrade costs. While the lease income is a clear positive, the weekly rent of $480 should be tested against current market rates for similar four-bedroom houses in the area to ensure it reflects achievable rather than historic value. The property’s price will be shaped most by how a buyer weighs land size and lease security against the constraints of a single bathroom and an unknown condition standard.