Back 63 Elizabeth Crescent
Off Market

63 Elizabeth Crescent

Cobar NSW 2835

8
8
1239 m²
Block of units
Last sold for $865,000
Shara SucklingShara Suckling, last sold this property on 08 October 2026 after 23 days on market.

Overview

High yield readymade investment

Positioned on a substantial 1239sqm allotment, this fully leased complex presents a superb opportunity to secure a high preforming property with exceptional returns. The property delivers an immediate combined rental income of approximately $106,080 per annum, giving an approximate gross return of 12.5%. Comprising of eight, semi-furnished studio style units that have recently been refreshed with new kitchens and bathroom upgrades, internal and external paint and a BBQ and pergola area. Set on the corner Elizabeth Crescent and Nullamut Street, this convenient location places the Cobar Hospital, nearby schools, Golf Club and town amenities only minutes away. Features include but not limited to: - Eight semi furnished units, that include beds, table/chairs, tv, fridge, heating/cooling and mini benchtop oven/stove - New kitchen installation - Freshly painted internal/external - Outdoor enhancements - Outdoor pergola area with BBQ - Shared laundry - Off street parking - Low vacancy rates due to strong tenant demand - Gross profit return of 12.5% - approx. - Rates $6,960.58pa - approx. 63 Elizabeth Crescent presents an attractive return for investors chasing a dependable income that continues to see strong demand from tenants seeking affordable housing options. Disclaimer: information in this brochure is not independently verified. The vendor and agents disclaim liability, and accuracy is not guaranteed. Prospective purchaser should exercise their judgement.

Features

8 bedrooms
8 bathrooms
1239 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Cobar over the last 12 months.

Property history for 63 Elizabeth Crescent

2026
Sold
$865,000
08 Oct 2026 by Shara Suckling, of Elders Real Estate Cobar

Happy sellers in Cobar

93%
93% of sellers in Cobar reported that their sale price either exceeded or met their price expectations.

Cobar stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Cobar over the last 12 months.

Local market activity for 8 bedroom block of units in Cobar

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