Judy Alcock
+ 61 0439 603 234
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Sold
Block_of_units
SOLD on Feb 2022
$1,050,000
50 Darling Avenue, Cowra, NSW, 2794, Australia
Studio
1
1
Property Features
- Balcony
About this Property
The owner has enjoyed this great investment for many years and is now ready to hand it on.
10 bedsit units situated on a one title 1656sqm corner block.
The 3 separate buildings are strategically placed on the property to maximize the privacy and space for all. Each unit has a separate kitchen, lounge bedsit and good size bathroom. There are two separate buildings which are the shared laundry’s.
The property is currently managed by the local Raine & Horne agent who have done a great job over the years.
The building roof areas are all booked to have a fresh paint job to tidy them up and this will be done asap weather permitting.
Last financial year the gross income was $53,000.00 with maintenance and agent fees at $11,000
Rents we consider are below average of the area, recently raised to $160 per week we believe that there is scope to increase these again.
Rates for the property are $946.00 per quarter.
There are a couple of vacant units at the moment which we are using for inspections so as to not disturb the tenants privacy where possible.
Please call the agent to arrange to see the contract and organize a date to inspect.
10 bedsit units situated on a one title 1656sqm corner block.
The 3 separate buildings are strategically placed on the property to maximize the privacy and space for all. Each unit has a separate kitchen, lounge bedsit and good size bathroom. There are two separate buildings which are the shared laundry’s.
The property is currently managed by the local Raine & Horne agent who have done a great job over the years.
The building roof areas are all booked to have a fresh paint job to tidy them up and this will be done asap weather permitting.
Last financial year the gross income was $53,000.00 with maintenance and agent fees at $11,000
Rents we consider are below average of the area, recently raised to $160 per week we believe that there is scope to increase these again.
Rates for the property are $946.00 per quarter.
There are a couple of vacant units at the moment which we are using for inspections so as to not disturb the tenants privacy where possible.
Please call the agent to arrange to see the contract and organize a date to inspect.
Gallery
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More Details on 50 Darling Avenue, Cowra NSW
How many bedrooms and bathrooms does 50 Darling Avenue, Cowra have?
50 Darling Avenue, Cowra is a 0.5 bedroom, 1 bathroom block_of_units.
Who is the agency that listed 50 Darling Avenue, Cowra?
The agency who listed 50 Darling Avenue, Cowra is Southern Tablelands Realty - you can contact the agents here.
How many car spots does 50 Darling Avenue, Cowra have?
50 Darling Avenue, Cowra is a 1 car spot home.
How much is 50 Darling Avenue, Cowra?
The price of 50 Darling Avenue, Cowra is $1,050,000 - contact the agents to find out more.