12 Wood St, Cobar is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 784m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Cobar in the last 12 months.
This ultra enticing and rewarding investment opportunity consists of 2x 2 bedroom modern properties currently in lease to long-term tenants.
Both properties boast fresh modern kitchens, open plan living and dining areas with neutral toned tiles throughout, contemporary bathrooms complete with a bath, separate shower, vanity and a separate toilet. All bedrooms feature built-in-robes, carpet and are extremely spacious. Each property have their own internal laundry for your convenience.
Other notable features include ducted evaporative air-conditioning, gas points to the living rooms, secure fencing to the backyard, established lawns, double undercover carport, as well as being located in one of Cobar's most prestigious areas.
Lease details:
12a - currently in lease until May 2023 at $1,216.67 per month.
12b - currently in lease until March 2023 at $1,086.31 per month.
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 2,537 properties. Over the last 5 years, Houses in Cobar have seen a 12.55% increase in median value, while Units have seen a 46.97% increase. As at 31 October 2024:
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