Sold
Block of Units

3 - 5 Dowell Street Cowra, NSW 2794

Sold on 19 Oct 2017
  • 14 Beds
  • 7 Baths
  • 6 Cars
Agents

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Block of Units in Cowra

High Income Producing Unit Complex, 14% Gross Return! A Great Business Opportunity Or Investment

  • 14 Beds
  • 7 Baths
  • 6 Cars

This is a perfect opportunity for any astute investor to purchase a very successful business opportunity and providing plenty of further growth. This complex of 7 units, are fully furnished to an excellent standard, and have been operated as a very successful business (serviced unit complex), and owned by the current owners for the past 45 years.

The current owners manage in-going bookings, check outs of regular clients and consistently have high occupancy for the units, also having a ready made cleaning team and proven processes, to pass on to the new owner for ease of transition.

Units range from 1, 2 and 3 bedroom designs, all with a bathroom, kitchen open living and dining space and parking for all units. All units can be altered in design to suit other bedroom designs, all being mostly the same design.

The complex even offers a free-standing unit, which may be an excellent live in manager's quarters, should you wish to appoint a manager to oversee the complex or live in yourself. The complex is very easily operated from another location.

The complex also offers two large storage rooms for miscellaneous, communal clothes hanging areas, communal washing machine room with two clothes washing machines.

All units are fully furnished and have TV and DVD facilities.

The complex usually accommodates travelling professionals that return to the complex and general guests travelling through Cowra or can be rented to full time tenants.

BOOKING AGENT INFORMATION
The Cowra Information Center also provide a service as a Booking Agent', should you be interested to let a reputable company manage all bookings for the complex.

This unit complex can easily be managed full time, as any standard investment, by any property manager if you prefer.

FULL INFORMATION MEMORANDUM AVAILABLE ON REQUEST, COMPLETE WITH FINANCIAL STATEMENTS

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

Parking:

6 garage spaces

Bedrooms:

14

Bathrooms:

7

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Suburb

Cowra

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