12 Edney Street

Kooringal NSW 2650

This two storey block of eight x two bedroom units is a short walk from Kooringal Mall and Kooringal High School, and within a 10 minute drive of the Wagga Wagga CBD, Hospital Precinct and Lake Albert.

The block has under gone extensive renovations in recent years with all units renovated in 2015, including the installation of split system air conditioners.

Externally, the block has new gutters, down pipes and fascia boards. Upgrades to storm water management and common areas and driveways.

Each unit includes:
- Galley kitchens and lounge room.
- Two bedrooms both with built in wardrobes;
- Reverse Cycle air conditioning
- Combined bathroom and laundry
- single carport

Estimated Income: $77,480 per annum

Unit 9: $195 per week. Lease expires 11/3/21
Unit 10: $185 per week. Lease expired 14/01/2019
Unit 11: $180 per week. Lease expires 4/01/2021
Unit 12: $185 per week. Lease expires 01/02/2021
Unit 13: $185 per week. Lease expires 11/01/2021
Unit 14: $185 per week. Lease expired 17/12/2019
Unit 15: $185 per week. Lease expires 20/11/2020
Unit 16: $190 per week. Lease expires 15/10/2020

Council Rates: $9,452.12 per annum (2020-2021)
Land Area: 995 square metres

Please note that we also have the adjoining block of 8 units (14 Edney Street) for sale with annual income $76,960. Asking $950,000. Gross Yield 8.1%.

By one block or buy them both.