An outstanding opportunity for investors, this fully updated and fully furnished complex of four two-bedroom units is ideally located in the heart of Cooma and offers an impressive 8% return on investment. Each unit has been modernised, featuring light-filled living spaces, reverse-cycle air conditioning, electric heating throughout, and internal laundries for added convenience.
With a rental of $480 - $520 per week per unit, this low-maintenance property provides excellent income and long-term growth potential. Just moments from shops, cafés, schools, and local amenities, it's the perfect set-and-forget investment in a thriving regional market. The property also offers future development potential at the rear (facing Amos Street), with E2 Commercial Centre zoning and approximately 400sqm of undeveloped land (STCA).
Property features
- 938sqm block with dual street frontage
- Four x 2-bedroom, 1-bathroom units
- Sold fully furnished
- Updated interiors throughout
- Reverse cycle air conditioning
- Electric heating throughout
- Internal laundries
- Central Cooma location, close to amenities
- Off-street parking
- Rental return approx. $26,000 per annum per unit
- Approx. 8% return on investment
- Prime central Cooma location, close to all amenities
- Zoning: E2 Commercial Centre with approx. 400sqm of undeveloped land (STCA)
Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture, and descriptions.
