Price Undisclosed
3 Bed • 3 Bath • 3 Car • 800m²
New
Sold
Sold
13 Egan Street, Cooma NSW 2630
Price Undisclosed
- 3Bed
- 3Bath
- 3 Car
- 800m²
House Sold on Tue 31 Mar, 2020
What's around Egan Street
House description
“WELL PERFORMING UNIT COMPLEX”
13 Egan St, Cooma offers a secure investment opportunity in a growing market. The property is located in close proximity to the Cooma CBD and comprises 3 modern 1 bedroom units. The current owners of the complex have spent significant money in recent years to modernise the complex leaving nothing to do except benefit from the tax write off's and secure income.
The current owners have enjoyed 10 years of consistent tenancies and incomes. We are expecting strong growth throughout this region over the next 5 years with the $4 billion Snowy Hydro 2.0 infrastructure project.
FEATURES INCLUDE:
* 3 x 1 bedroom units - recently renovated with spacious bedroom and open lounge / kitchen
* Each unit rents for $145 per week currently - all unit tenanted.
* Gross yearly income = $22,620 - Rates = $4,800 per annum - GROSS ROI = 7.6%%
* Excellent tax write off opportunities
Council rates
$1200 QuarterlyLand details
What's around Egan Street
Contact the real estate agent
Shannon Fergusson
McGrath - Snowy Mountains
Send an enquiry
Nearby schools in and around Cooma, NSW
Top reviews by locals of Cooma, NSW 2630
Discover what it's like to live in Cooma before you inspect or move.
Discussions in Cooma, NSW
Wondering what the latest hot topics are in Cooma, New South Wales?
Similar Houses for sale in Cooma, NSW 2630
Properties for sale in nearby suburbs
- 3
- 3
- 3
- 800m²