FOR SALE
$497,000 + GST

4 Richards Drive
Cowra NSW 2794

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 408m2
Land area: 1250m2
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Newly Built Hanger

Located at the Cowra Airport Precinct is this newly built airplane Hanger. This hanger is complete with garage and office space, along with a 18metre x 18metre hanger with amenities of toilet, parking large roller vehicle roller door, sliding doors to garage space and folding hanger doors.
The office consists of office space, kitchenette and bathroom. Connected to the office space is a 6metre x 7metre garage with ample space for car and storage with sliding double doors leading to the hanger.
The hanger has access to the runways from the back and down the taxiway, providing easy access to the runway and Tarmac at Cowra airport.
Cowra airport is a popular training airport with a pilot training business located within the airport precinct, other businesses within the area are airal spraying company and a small plan manufacturing operation.
This building is currently Leased for $495/week with a lease in place until October 2026. (plus 1year Option)
FEATURES:
• Freehold Title
• 408m2 building Including
* 18m x 18m Airplane hanger (generous 5m height at Eaves)
* 6m x 7m workshop/garage
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Property Details for 4 Richards Dr, Cowra

Building Type
Commercial
Floor Size
408m2
Land Size
1250m2

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About Cowra 2794

The size of Cowra is approximately 893.4 square kilometres. It has 32 parks covering nearly 2% of total area. The population of Cowra in 2011 was 9,730 people. By 2016 the population was 10,057 showing a population growth of 3.4% in the area during that time. The predominant age group in Cowra is 60-69 years. Households in Cowra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cowra work in a labourer occupation. In 2011, 67.1% of the homes in Cowra were owner-occupied compared with 66.8% in 2016.

Cowra has 5,973 properties. Over the last 5 years, Houses in Cowra have seen a 61.93% increase in median value, while Units have seen a 26.53% increase. As at 31 October 2024:

  • The median value for Houses in Cowra is $376,451 while the median value for Units is $240,398.
  • Houses have a median rent of $375 while Units have a median rent of $230.
There are currently 49 properties listed for sale, and 8 properties listed for rent in Cowra on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Cowra.

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