Living area
Kitchen
Beds
For Sale: Exceptional Multi-Unit Property in Cobar - 1-8/63 Elizabeth Crescent**
**Price Guide: $699,000 - $750,000** All Units currently leased for approx. $220 to $240 per week giving this incredible investment opportunity with a terrific gross return of approx. 12%.
Discover an outstanding investment opportunity in the heart of Cobar with this remarkable multi-unit property, ideally situated at 63 Elizabeth Crescent. Spanning a generous land area of 1239 sqm, this unique residence offers a total of 8 spacious bedsitters, each unit is furnished and has its own ensuite bathroom and toilet, a communal laundry also offers a washing machine and dryer for your convenience.
Located in a vibrant community, this property is close to local amenities, schools, and recreational facilities. Don't miss your chance to own this exceptional property in Cobar! Contact us today to schedule a viewing and explore the potential that awaits at 1-8/63 Elizabeth Crescent. Contact Nita Skewpeck to arrange an inspection on 0418 962 790
**Property Features:**
? 8 Furnished Bedsitter units
? Each Unit has its own bathroom, ensuring privacy and ease for all occupants.
? Parking: 8 open parking spaces, providing ample room for vehicles.
? Communal Laundry offering a washing machine and dryer.
? Land size approx. 1239 m2
? Rates Approx $4,483.53 p/a
? Excellent Return on investment
? No strata fees
? Vacancy rate less than 1%
? Approx Gross return 12%
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.38 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 11 | $285,000 | Council approved | |
 | 0.30 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 05 | $390,000 | Council approved | |
 | 0.30 km | 4 | 2 | -m2 | Year 2024 Month 11 Day 13 | - | Council approved | |
 | 0.43 km | 4 | 2 | -m2 | Year 2024 Month 10 Day 17 | $239,000 | Council approved | |
 | 0.02 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 26 | $168,000 | Council approved |