2 Pitt StreetCowra NSW 2794
Property Details for 2 Pitt St, Cowra
2 Pitt St, Cowra is a 0 bedroom, 0 bathroom House. The property has a land size of 1006m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 0 bedroom House sold in Cowra in the last 12 months.
Last Listing description (September 2023)
Burgess Rawson is delighted to offer to the market 2-4 Pitt Street, Cowra NSW for sale via our Investment Auction Portfolio 163.
The property has the following key investment highlights:
+ New 15 year lease to 2038 plus 2 further 10 year options to 2058
+ Impressive new facility will offer substantial depreciation
+ Strong trading and at capacity, 43 LDC place centre
+ Ideal corner position, opposite Mulyan Public School
+ Tenant responsible for 100% of outgoings, as per lease
+ Fixed 3% annual rent increases
+ Market Review on each 10th anniversary of the commencement date to the higher of market rent and fixed 3.5%
+ Net Income: $141,447 pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Tuesday 12 September 2023
Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
Property History for 2 Pitt St, Cowra, NSW 2794
- 08 Sep 2023Sold for $2,725,000
- 14 Aug 2023Listed for Sale Contact Agent
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0About 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 5,967 properties.
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