37B Newcombe Street, Cowra NSW 2794

Great First Home / Investment Within a Popular Location!

Unit Sold - Cowra NSW

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