24 Mathews Street

Cobar NSW 2835

1030 m²

Duplex Semi-Detached

Currently for sale - view listing

Overview

Outstanding 10% Rental Return!

Positioned on a generous 1,030sqm (approx.) block, 24 Mathews Street presents an outstanding opportunity for investors seeking a strong rental return and dual-income potential. Featuring two separate 2-bedroom units, each with its own yard, this property offers flexibility, privacy and an impressive income stream. Property Features: • 2x 2-bedroom units • Separate yards for each unit • Carpet & vertical blinds to bedrooms • Wall unit air conditioning to Unit A • Split system air conditioning to Unit B • Large 1,030sqm block approx. • Unit A leased at $245 per week and locked in until April 2027 • Unit B leased at $265 per week and locked in until March 2027 • Combined rental income of $510 per week • Annual rental income of $26,520 for an approx. 10% gross rental return! • Separately water metered • Rates: $4,496.40 per annum approx. for the 2026/27 financial year • Lot 13, DP554679 With both units currently leased, this is an opportunity to secure a solid investment with immediate rental income and an attractive return. A dual-income property with strong rental appeal - an investment opportunity not to be missed! Contact Exclusive Selling Agent Krista Nardi on 0408 362 268 to secure this investment opportunity.