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A rare and affordable investment opportunity!

Cooma, 24 Mittagang Road

Sold for $571,000

  • 8
  • 8
  • 2
  • 6
Listing Number: NPE2532
About this listing

SOLD - This listing was sold in May 2019.

Perfect for the astute investor, builder or renovator this fabulous opportunity provides 8 x one bedroom units all on one title.

In addition to the eight units there is also 2 x lock-up garages which are rented separately, plus there is a further six allocated car parking spaces - so tenant and/or visitor parking is not an issue.

Each of the units features a combined living room/kitchen, a separate bedroom with a built-in wardrobe, and a bathroom.

With a current rent in excess of $1,100.00 per week and with a majority of long-term tenants, you will not only be drawn to the wonderful return on offer here but also the opportunity to add value to the property to further increase future rental returns.

Do the calculations and you will see that you will need to be quick to act on this very rare opportunity:

Body Corporate Levies: $3,289.45 approx per quarter
Council Rates: $622.00 approx per quarter

** Agent declares interest **
Property Information
  • Property Type: Block of units
  • Legal details
    • Energy Efficiency Rating: 0.0

Contact Details

Unit 3, Cooyong Centre
1 Torrens St
Office website

Property Location

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