37B/ Newcombe Street Cowra, 2794 NSW
Great First Home / Investment Within a Popular Location!
Located within a quiet street, just a few minutes to the CBD, short walk to schools & parks & 1hr from Orange & Bathurst, 2.5hrs Canberra and 3.5hrs Sydney.
Key features
• Situated within a small strata complex
• The unit has a maintained, share lawns and gardens along with share clothes line areas
• Lock up single car garage
• Large open plan living and dining room, with under case storage space and a large reverse cycle air conditioning unit for effective heating and cooling
• Good sized kitchen with electric cooking, rangehood and wall mounted oven.
• Spacious laundry and linen storage which adjoins the kitchen and opens out to the common rear lawns area
• On the upper level of the home, the unit provides two spacious bedrooms
• Both bedrooms have carpeted flooring, 4door large built-in wardrobes and ceiling fans, while the main bedroom is oversized and has a wall mounted air conditioner plus a door which opens to a balcony with a leafy outlook
• The main bedroom on the upper level is large in size, is well appointed between both bedrooms and provides a shower, bath tub, basin and toilet.
INVESTMENT
• Currently tenanted until 31 March 2026 for $295pw ($15,340per year)
• Tenant is very happy to continue tenancy
• Vacancy rates 0.4%
• Gross ROI 5.3 to 5.6%
OUTGOINGS
Outgoings Strata $3,487.96 per year (Dowling strata management)
Council rates $2,048.64 per year
Lot 5/SP14924
Outgoing expenses / tax deductions
Josh Keefe
0436 926 866
josh.keefe@agriruralnsw.com
For Sale $270,000 to $285,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Josh Keefe