37B Newcombe Street, Cowra NSW 2794

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 2 • Bathrooms: 1

Description: Located within a quiet street, just a few minutes to the CBD, short walk to schools & parks & 1hr from Orange & Bathurst, 2.5hrs Canberra and 3.5hrs Sydney. Key features Situated within a small strata complex The unit has a maintained, share lawns and gardens along with share clothes line areas Lock up single car garage Large open plan living and dining room, with under case storage space and a large reverse cycle air conditioning unit for effective heating and cooling Good sized kitchen with electric cooking, rangehood and wall mounted oven. Spacious laundry and linen storage which adjoins the kitchen and opens out to the common rear lawns area On the upper level of the home, the unit provides two spacious bedrooms Both bedrooms have carpeted flooring, 4door large built-in wardrobes and ceiling fans, while the main bedroom is oversized and has a wall mounted air conditioner plus a door which opens to a balcony with a leafy outlook The main bedroom on the upper level is large in size, is well appointed between both bedrooms and provides a shower, bath tub, basin and toilet. INVESTMENT Currently tenanted until 31 March 2026 for $295pw ($15,340per year) Tenant is very happy to continue tenancy Vacancy rates 0.4% Gross ROI 5.3 to 5.6% OUTGOINGS Outgoings Strata $3,487.96 per year (Dowling strata management) Council rates $2,048.64 per year Lot 5/SP14924 Outgoing expenses / tax deductions Josh Keefe 0436 926 866 [email protected]