Cobar, NSW 2835

Block of Flats with over 9%+ Return on Investment

$235,000

Description

Phone Enquiry ID: 220857

With a proven strong occupancy record, 54 Morrison Street presents a rare opportunity for a savvy investor to achieve an outstanding cash flow return of 9%+.

The property includes three, one bedroom partially furnished solid brick units each comprising of an open plan living, kitchen and meals area.

Each unit includes the following features:

- Bedroom with built-in robe
- Tidy bathroom
- Low maintenance and easy care grounds
- Communal laundry
- Undercover parking

Land size—565m2
Zoned R2 - Low Density Residential

With a 9%+ return, low cost and solid rental history, opportunities like this don't come along often. Take full advantage of Cobar's diverse community with strong mining and related industries backed by the Agricultural sector.

Features

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