$1,200,000

10 Bed  •  5 Bath  •  6 Car  •  994m²

Main view of Homely block of units listing, 51 Gundagai Road, Cootamundra NSW 2590
Floorplan of Homely block of units listing, 51 Gundagai Road, Cootamundra NSW 2590
Second view of Homely block of units listing, 51 Gundagai Road, Cootamundra NSW 2590
+19

51 Gundagai Road, Cootamundra NSW 2590

Copy address

$1,200,000

  • 10
  • 5
  • 6
  • 994m²

Block of Units for sale

What's around Gundagai Road

Block of Units description

“Prime Investment Opportunity – Five Unit Complex with NO Strata”

Flemings Cootamundra is pleased to present 51 Gundagai Road, a rare and exciting investment opportunity comprising five quality residential units all under a single title.

This brick veneer property offers immediate and consistent income, with scope for further yield enhancement. With no strata involvement, the complex presents a hassle-free investment ideal for savvy buyers seeking long-term growth and security.

The property currently returns approximately $65,500* per annum gross, with the potential to increase to a market rate of approximately $72,000* per annum gross under existing conditions.

Features:
- Five x 2-bedroom, 1-bathroom units under one title
- No strata – full control over management and maintenance
- All units well-presented and currently tenanted
- Each unit includes a single carport
- Strong rental return with ability for further growth
- Low-maintenance investment with broad tenant appeal
- Located just 350m* to local park and popular local cafe and just 1.4km* to the CBD

This is an outstanding opportunity to secure a high-performing, low-maintenance investment with excellent income and future growth potential. Opportunities of this calibre and potential rarely come to the market

Contact Flemings Cootamundra today to arrange an inspection!

*= approximately

All information contained here is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Council rates

$979 Quarterly

Land details

Area: 994m²

Interactive media & resources

Inspection times

Contact the agent
To request an inspection
Third view of Homely block of units listing, 51 Gundagai Road, Cootamundra NSW 2590View more
Fourth view of Homely block of units listing, 51 Gundagai Road, Cootamundra NSW 2590View more

Contact the real estate agent

51 Gundagai Road, Cootamundra NSW 2590
By submitting your enquiry, you agree to our Privacy Policy.

Nearby schools in and around Cootamundra, NSW

Top reviews by locals of Cootamundra, NSW 2590

Discover what it's like to live in Cootamundra before you inspect or move.

Discussions in Cootamundra, NSW

Wondering what the latest hot topics are in Cootamundra, New South Wales?

Similar Block of Units for sale in Cootamundra, NSW 2590

Properties for sale in nearby suburbs

Report Listing