5-8/18-20 Kerwan Street
Cooma, NSW 2630

Located in a well-established area of Cooma, this property comprises a block of four strata titled units, offering an exceptional investment opportunity with strong returns and a reliable income stream already established. The entire complex is currently leased through Housing under individual tenancy agreements, generating a combined rental income of $1,540 per week, providing immediate cash flow from the outset.

The complex features a diverse mix of one, two, and three-bedroom units, catering to a broad tenant base and offering flexibility and long-term appeal. Each bedroom is equipped with built-in wardrobes, enhancing storage and convenience for tenants. Several units have undergone updates to their kitchens and bathrooms, improving tenant comfort and increasing rental attractiveness.

This investment benefits from proven occupancy rates, multiple income streams, and the low vacancy risk typically associated with multi-unit properties. The residential complex is low-maintenance, making it an attractive option for investors seeking a hassle-free asset.

• Block of 4 strata titled units
• Returning $1,540 per week in rental income
• Mix of 1, 2, and 3-bedroom units
• Built-in wardrobes in all bedrooms
• Updated kitchens in selected units
• Updated bathrooms in selected units
• Strong rental history and investment appeal
• Low-maintenance residential complex
• Convenient location close to local amenities and services
• Immediate income stream with tenancies in place

This is a rare opportunity to secure a high-performing asset in the growing Cooma market, ideal for investors looking for a stable and profitable property investment.

Disclaimer: All information regarding this property is sourced from what is believed to be accurate; however, accuracy cannot be guaranteed. Interested parties should conduct their own enquiries regarding inclusions, figures, measurements, dimensions, layout, furniture, and descriptions.