61 Grenfell RoadCowra NSW 2794
Property Details for 61 Grenfell Rd, Cowra
61 Grenfell Rd, Cowra is a 0 bedroom, 0 bathroom House. The property has a land size of 2846m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (May 2019)
Just listed is this fantastic commercial investment opportunity that is sure to appeal to all savvy investors. Currently tenanted by a thriving local business, this property offers a solid return immediately along with further potential to develop the massive 2,846m2 block in the years to come.
Key features to this property include:
- Approx. 30m highway frontage to the Grenfell Road (Mid Western Highway)
- Near new 12m x 20m colorbond shed
- Three oversized roller doors for easy access
- Land is zoned IN2 Light Industrial
- Large 2,0846m2 block with further development potential
- Council rates are approx. $1,023.95 pa
- Currently returning $17,680 pa + annual CPI increases
Opportunities such as this are quite rare in today's market. This property simply will not last, call today to arrange your inspections or to obtain further information.
Adam Gambrill | M: 0417 533 453 |P: 02 6342 3422 | adam.gambrill@raywhite.com | facebook.com/adamgambrill.rwemc | Instagram: @adamgambrill.rwemc
Property History for 61 Grenfell Rd, Cowra, NSW 2794
- 20 May 2019Sold for $240,000
- 16 Jan 2019Listed for Sale Not Disclosed
- 21 Dec 2012Sold for $64,500
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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 5,981 properties. Over the last 5 years, Houses in Cowra have seen a 69.38% increase in median value, while Units have seen a 22.03% increase. As at 30 November 2024:
- The median value for Houses in Cowra is $387,653 while the median value for Units is $285,532.
- Houses have a median rent of $375 while Units have a median rent of $230.
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