57 Patten Street, Sale VIC 3850

Large secure yard on 967m² | Tenanted until 2026 | 3 bed, 2 bath family layout | Close to lake and schools This property presents a competitively strong holding for an investor seeking immediate, secured income or a family planning a future owner-occupancy. Its primary strength is the combination of a significantly larger than standard block providing a spacious, secure rear yard, with the uncommon security of a sitting tenant for over two years. The configuration is typical for the area, but the lot size offers a tangible land bank advantage. It serves an investor looking for a hands-off entry or a patient owner-occupant who values the certainty of deferred settlement. The decision hinges on accepting the fixed income and occupation timeline imposed by the existing lease, which costs the buyer flexibility until August 2026. The commercial logic is clear: acquire a tenanted property with a high-confidence rental yield, bypassing vacancy risk, on a substantial parcel in a convenient location. Hold as a stable income property or plan for future personal use. Our tailored report would pressure-test the stated valuation against true market comparables, detail locality-specific risks for insurance, and provide a definitive checklist for this specific tenanted scenario.