FOR SALE
Sale $750,000 - $820,000

1-8/63 Elizabeth Crescent
Cobar NSW 2835

Bedrooms: 8
Bathrooms: 8
Car spaces: 8
Land area: 1239m2
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Excellent Return 8 Units

For Sale: Exceptional Multi-Unit Property in Cobar - 1-8/63 Elizabeth Crescent**
**Price Guide: $750,000 - $820,000** All Units currently leased for $220 per week giving this incredible investment opportunity with a terrific return.
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
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Property Details for 1-8/63 Elizabeth Cres, Cobar

1-8/63 Elizabeth Cres, Cobar is a 8 bedroom, 8 bathroom House with 8 parking spaces. The property has a land size of 1239m2. The place is currently for sale with Western Plains Real Estate Dubbo.

Building Type
House
Land Size
1239m2

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About Cobar 2835

The size of Cobar is approximately 2,186 square kilometres. It has 16 parks covering nearly 0.4% of total area. The population of Cobar in 2011 was 3,816 people. By 2016 the population was 3,988 showing a population growth of 4.5% in the area during that time. The predominant age group in Cobar is 0-9 years. Households in Cobar are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobar work in a trades occupation. In 2011, 54% of the homes in Cobar were owner-occupied compared with 55.7% in 2016.

Cobar has 2,533 properties. Over the last 5 years, Houses in Cobar have seen a 32.61% increase in median value, while Units have seen a 27.34% increase. As at 30 September 2024:

  • The median value for Houses in Cobar is $203,606 while the median value for Units is $180,406.
  • Houses have a median rent of $320 while Units have a median rent of $200.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Cobar on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in Cobar.

Suburb Insights for Cobar 2835

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Nita Skewpeck
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John Bennett
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Western Plains Real Estate Dubbo
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.