Block of Units for Sale at
Canowindra, NSW

4 4

$195,000

Contact the Agent

High Yielding Small Unit Complex, 10% Plus Return!

- Located within the quiet country of Canowindra, between Orange and Cowra and a 3.5hr drive from Sydney.
- The property offers 4 x bed sitter studio apartments, three currently tenanted and one left empty for inspections. Current rent for the three units is $335 per week ($17,420 per year). Unit 2 vacant' would likely rent for $95-100 per week, furthering the rental figures to approx. $430 pw ($22,360 per year total) 11.4% gross return!
- All units are a basic design of front and rear patio areas, open bedroom/living area, separate kitchen with door to rear patio, and separate bathroom.
- Each unit has their own electric hot water system.
- All tenants have use of a communal laundry room, at the rear of the building, separately power metered to each unit.
- A good sized rear yard area with parking and rear lane access. This rear access may prove ideal for further unit development with this second street frontage subject to council approval'.
- One water meter for all four units (owner pays water)
- Separately power metered to all four units
- Land rates $507 per quarter ($2,028 per year).
- These are very basic, neat and tidy, entry level units to be sold in a line Torrens title (not strata).
- Canowindra is a historic town of approximately 2,258 residents, several pubs, lovely Main Street of historic buildings and a variety of shops. Primary & secondary schooling.
- Land size 1,037m2

PLEASE NOTE; PURCHASERS WILL MOST LIKELY REQUIRE A COMMERCIAL LOAN TO SECURE THIS COMPLEX, IF FINANCE IS REQUIRED, DUE TO THE COMPLEX COMPRISING MORE THAN 3 DWELLINGS PER TITLE. Please check with your financial adviser.

Contact Josh Keefe 0439 269 449 or josh.keefe@raywhite.com
Ray White Emms Mooney COWRA office

Canowindra NSW 2804 AUS

Agent Reviews

Reid & Sharee Robson

Josh Keefe's efforts far exceeded our expectations throughout the entire process of not only selling our home but then also purchasing another through Josh, he was at all times professional, conscientious and motivated. Josh's communication was outstanding. he always kept us updated with everything we needed to know with nothing ever being too much trouble for him. Josh has a real positive can-do attitude and is an asset to your business. Reid & Sharee Robson - SELLER & PURCHASER (CAMP RD & LACHLAN STREET COWRA)

John & Karen Beasley

I hope this finds you well. I would like to draw your attention to Josh and the exemplary assistance he has afforded myself and my wife with our prospective purchase of the Valley View Road property. Despite the property being absolutely ideal for what karen and i were seeking, the professional collaboration Josh provided was meaningful, skillful and extremely competent which enabled us to make an informed and valued decision, with us hopefully proceeding to the final purchase. I have been in professional business for over 41 years and over that time have often noticed that people can take for granted that smile, the 'I'M here to help'persona, the ear that listens, the firm handshake, being available to take the phone call....for all being part of the job, (which of course it is). For all these (and more) attributes to be offered seamlessly takes a certain awareness, judgement and professional acumen that is often not found in todays business culture moreover, the business personnel that hope to acheive great standards in the profession. Throughout our involvement with Josh, he has undoubtedly displayed all and more of these characteristics. I would like for this note to praise the efforts and endeavors of Josh to congratulate him, through you. In my opinion he is an invaluable member of your team and it is to this extent that his future efforts and aspirations in his elected profession be encouraged. We are indeed indebted to him. And continues - John & Karen Beasley Valley View Road Cowra PURCHASER
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