7 Sherwood Avenue, Kooringal NSW 2650

Prime Investment opportunity to purchase (in one line) three strata units. Located in Kooringal, the property is conveniently positioned half way between the Kooringal Mall and the Wagga Central Business District.

Each strata unit comprises two bedrooms with built in wardrobes, lounge room, bathroom and separate laundry. Each unit opening onto a private courtyard and each having a single carport in title.

Currently fully leased:

Unit 1: Paying $195 per week with lease expiring 21/10/22. Tenant occupied since 2015
Unit 2: Paying $195 per week on an expired lease. Tenant occupied since 2018
Unit 3: Paying $185 per week with lease expiring 4/3/23. Tenant occupied since 2021

Current rental potential is estimated between $240-250 per week per unit.

Current Gross Income: $29,900 per annum
Potential Gross Income: $38,220 per annum.

Council Rates: $1,739.50 per annum per unit. $5,218.50 in total.

All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.