5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794
5 Waugoola Street Cowra, NSW 2794

5 Waugoola Street Cowra, NSW

Sold

Sold on 21 Mar 2013

Located in Waugoola Street (Centrel North Cowra), these flats have been managed by L.J. Hooker for many years.

If you're looking to invest in real estate with good cash flow, then this could be your lucky day. The owner has had excellent returns but reluctantly decided to sell.

There are three 3 b/r flats, each flat has an open kitchen/dinning/living area, a tiled bathroom and sepearte laundry. There are BIWs in each of the bedrooms.All three flats have their own carport and single garage avaliable.

They have been well maintained with some potential for updating to add value to your investment.

The occupancy rate over the years has been very good. All of the flats are currently tenanted. Two are on market rent and 1 is approx. $10 below market.
Cowra's vacancy rate is low. (approx. 2.5%)

Property title is not strata title and I do not feel they are suitable to be strata-ed.

Gross rent is $615 pw ($31,980 pa).
Rates for the property are approx. $1,951.26 pa and a water access charge of $288 pa.

You do the numbers BUT an approx. 8.9% gross return is pretty good for a residential investment. (plus your capital growth)

A property of this quality, in this location, showing this return WILL NOT LAST LONG! CALL TODAY!


Key Property Details

  • Built-In-Robes
  • Close to schools
  • Dining Area
  • Established Gardens
  • Gas
  • Town Water

  • Property Type: Unit
  • Construction: Cladding
  • Zoning: Res 2a
  • Land Area: 1,007 m²