12 Monaghan Street

Cobar NSW 2835

Introducing 12-14 Monaghan St Cobar, a unique opportunity like this does not come along every day, consisting of 3 cottages on a 2815m2 block. These 2 bedroom cottages are fully furnished, and have a full sized bathroom and laundry with a carport. There is enough room on the block for future development pending council approval.
Walk through the front door to a comfortable combined Living/Dining area overlooking a small well equipped kitchen with an upright electric stove and full sized refrigerator. The bathroom has a full sized bath, modern vanity and shower over the bath tub.
There are reverse cycle air conditioners in all bedrooms with the 3rd cottage that has reverse cycle in the living area, all cottages have ducted evaporative cooling throughout. The cottages stand alone and each one has an enclosed back yard for privacy. We have all 3 cottages leased for $285 per week each which would give them approximately a 10% return.