Price Undisclosed

24 Bed  •  12 Bath  •  12 Car  •  3422m²

Main view of Homely block of units listing, 28-30-32 Mulach Street, Cooma NSW 2630
Second view of Homely block of units listing, 28-30-32 Mulach Street, Cooma NSW 2630
Third view of Homely block of units listing, 28-30-32 Mulach Street, Cooma NSW 2630
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Sold

28-30-32 Mulach Street, Cooma NSW 2630

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Price Undisclosed

  • 24
  • 12
  • 12
  • 3422m²

Block of Units Sold on Mon 14 May, 2018

What's around Mulach Street

Block of Units description

“HIGH YIELDING INVESTMENT OPPORTUNITY”

Outstanding opportunity to get in on a solid performing residential investment, in a regional township expecting significant growth opportunities over the next 5 years due to the imminent Snowy Hydro 2.0 expansion. The property consist of 3 blocks of 4 units in each block. All units are 2 bedroom, offer excellent space throughout and show strong rental history and returns which are not yet at their maximum yield.

- 12 x 2 bedroom units made up of 3 separate blocks of 4 units
- Each block of 4 is situated on a separate title
- Average rent per unit currently is $160 per week - Growth potential in rental returns
- Units are in very good condition, but will benefit over time from a freshen up of paint and carpet
- All units have carports - located close to CBD and town walking track
- Returns sure to impress - Gross return approx 11% - Net return approx 7.9%

The Mulach St units are a genuine opportunity to invest in a strong regional center which is growing due to significant long term government infrastructure projects expected to start in 2019.

Property features

toilets

Toilets: 12

Land details

Area: 3422m²
Fourth view of Homely block of units listing, 28-30-32 Mulach Street, Cooma NSW 2630View more
Fifth view of Homely block of units listing, 28-30-32 Mulach Street, Cooma NSW 2630View more

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28-30-32 Mulach Street, Cooma NSW 2630
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