1/17 Cochrane St, Kooringal is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 989m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
This fantastic two-storey strata unit is situated within a well-maintained development, comprising only three units on a generous allotment.
Having been recently refurbished, the property boasts a fresh and modern interior, with a new kitchen, bathroom, paintwork and flooring throughout. The upstairs area features two spacious bedrooms, each complete with built-in robes, as well as a balcony offering the perfect spot to unwind and take in the surrounds. Downstairs, you will find a generous living area with split system heating & cooling, conveniently accompanied by a kitchen and laundry, with ample storage space provided.
Outside, the property benefits from a single carport and it is situated in a prime location just a stone's throw away from the bustling Kooringal Shopping Centre, picturesque Lake Albert and various public transport links.
Ideal for investors, this attractive unit offers a potential rental yield of $320 per week, with a tenancy agreement in place until January 2024. With its appealing features and superb location, this property presents an excellent addition to any investment portfolio.
Rates: $1,803.50p.a.
Strata: $550.00p.q.
Rent: $320/wk until January 2024
The size of Kooringal is approximately 4.8 square kilometres. It has 6 parks covering nearly 7.2% of total area. The population of Kooringal in 2011 was 7,308 people. By 2016 the population was 7,228 showing a population decline of 1.1% in the area during that time. The predominant age group in Kooringal is 20-29 years. Households in Kooringal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kooringal work in a professional occupation. In 2011, 61.9% of the homes in Kooringal were owner-occupied compared with 59.7% in 2016.
Kooringal has 3,581 properties. Over the last 5 years, Houses in Kooringal have seen a 81.07% increase in median value, while Units have seen a 62.39% increase. As at 31 October 2024:
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