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Cooma, 24 Mittagang Road

A rare and affordable investment opportunity!

$575,000

  • 8
  • 8
  • 2
  • 6
Listing Number: NPE2532
About this listing
Perfect for the astute investor or builder, or as an option for a Self-Managed Super Fund (SMSF), this fabulous opportunity provides 8 x one bedroom units all on one title.

All eight units are currently tenanted and there is also 2 x lock-up garages which are rented separately. In addition, there is a further six allocated car parking spaces.

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

Harcourts Prime Residential

Unit 3, Cooyong Centre
1 Torrens St
Braddon

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