2 Cowcumbla Street

Cootamundra NSW 2590

1361 m²

Block of units

Currently for sale - view listing

Overview

Multi-dwelling investment opportunity

Constructed from durable concrete block, this well-maintained complex presents a compelling investment opportunity with strong rental performance and long-term tenant stability. Fully occupied and generating an immediate income stream, the property offers low-maintenance ownership with future upside through rental growth. Each unit is thoughtfully designed with functional open-plan living and private outdoor space, appealing to a broad tenant demographic. Current combined rental return is $1,220 per week, with estimated market rent of approximately $1,440 per week, highlighting potential for increased yield. UNIT FEATURES Two bedrooms with built-in wardrobes Bathroom with shower, vanity and toilet Open-plan kitchen and living area Single garage allocated to each unit Private courtyard providing outdoor space INVESTMENT HIGHLIGHTS Fully occupied with long-term tenants in place Strong existing income with potential rental upside Low-maintenance construction and easy-care living Secure investment opportunity with proven tenancy history LOCATION BENEFITS Less than 100m to Mitchell Park Less than 1.5km to the town centre EXPENSES Council rates: $5,440 Per annum Water rates: Aproximately $1,563 per quarter *Boundary outlines shown are approximate. All information contained herein is gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.