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51 Gundagai Road, Cootamundra
Block of Units
Prime Investment Opportunity – Five Unit Complex with NO Strata
Flemings Cootamundra is pleased to present 51 Gundagai Road, a rare and exciting investment opportunity comprising five quality residential units all under a single title.
This brick veneer property offers immediate and consistent income, with scope for further yield enhancement. With no strata involvement, the complex presents a hassle-free investment ideal for savvy buyers seeking long-term growth and security.
The property currently returns approximately $65,500* per annum gross, with the potential to increase to a market rate of approximately $72,000* per annum gross under existing conditions.
Features:
- Five x 2-bedroom, 1-bathroom units under one title
- No strata – full control over management and maintenance
- All units well-presented and currently tenanted
- Each unit includes a single carport
- Strong rental return with ability for further growth
- Low-maintenance investment with broad tenant appeal
- Located just 350m* to local park and popular local cafe and just 1.4km* to the CBD
This is an outstanding opportunity to secure a high-performing, low-maintenance investment with excellent income and future growth potential. Opportunities of this calibre and potential rarely come to the market
Contact Flemings Cootamundra today to arrange an inspection!
*= approximately
All information contained here is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
This brick veneer property offers immediate and consistent income, with scope for further yield enhancement. With no strata involvement, the complex presents a hassle-free investment ideal for savvy buyers seeking long-term growth and security.
The property currently returns approximately $65,500* per annum gross, with the potential to increase to a market rate of approximately $72,000* per annum gross under existing conditions.
Features:
- Five x 2-bedroom, 1-bathroom units under one title
- No strata – full control over management and maintenance
- All units well-presented and currently tenanted
- Each unit includes a single carport
- Strong rental return with ability for further growth
- Low-maintenance investment with broad tenant appeal
- Located just 350m* to local park and popular local cafe and just 1.4km* to the CBD
This is an outstanding opportunity to secure a high-performing, low-maintenance investment with excellent income and future growth potential. Opportunities of this calibre and potential rarely come to the market
Contact Flemings Cootamundra today to arrange an inspection!
*= approximately
All information contained here is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
