NEW PRICE $299,950

13 Egan Street,Cooma NSW 2630

Block size: 800 m² approx.


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.

* 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
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No open times scheduled. Contact Agent to arrange a viewing.

Block map

Block Map

Key Details

Property Type:House
Plan Type:DP
Block Size:800 (approx)
Stamp Duty:$8,640


Fergusson Real Estate & Property

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            Average Age
            43 years
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            Fergusson Real Estate & Property

            Fergusson Real Estate & Property

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            Shannon FergussonFergusson Real Estate & Property
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            This listing has been viewed 1070 times. It was first displayed on 31/08/18 and last updated on 20/08/19.