4 Richards Drive, Cowra, NSW 2794 sold on 17 July 2026 | OnTheHouse
SOLD
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Sold on 17 Jul 2026 for $350,000

4 Richards Drive
Cowra NSW 2794

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1250m2
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Property Details for 4 Richards Dr, Cowra

Building Type
Commercial
Land Size
1250m2
Local Government
Cowra
Lot/Plan
8/DP1257368

Last Listing description (July 2026)

Positioned within the Cowra Airport, this newly constructed aviation hangar offers a low maintenance commercial investment with a strong return and a quality tenant in place.

Investment Information

• Net income: $495 per week or $25,740 per annum
• Outgoings: Paid entirely by the tenant, including council rates, water usage and hangar keepers' insurance (approx. $5,000 p.a.)
• GST: Payable by the tenant
• Lease: Commenced October 2024, expiring October 2026, with potential to extend
• Tenant: FlyOz - respected local pilot training school

This recently constructed 408sqm* aviation facility was purpose-built for flexibility, efficiency, and long-term durability. Its direct airside access and proximity to established aviation businesses make it a highly attractive investment opportunity. There is also flexibility to re-let the premises in the future to a wide range of aviation or commercial users, or alternatively to utilise the facility for your own operational needs.

Additional Property Features
• Freehold title on 1,250sqm* block
• 18m x 18m* aircraft hangar with large 16m hangar doors
• 6m x 7m* workshop/garage area adjoining the hangar
• 6m x 7m office suite with kitchenette and three-way bathroom (toilet, shower, basin)
• Split system air conditioning installed
• Off-street parking, disabled parking & toilet
• Ample power outlets and three-phase power
• Vehicle roller door plus sliding access doors
• Direct access to taxiway and runway
• Town water and sewer connected, plus 8,000L water tanks
• Zoned E3 Productivity Support
• Council rates approx. $2,785 p.a.

This is an excellent opportunity secure an affordable investment with a great return. Contact Caley Mok on 0437 007 303 for more information, or to arrange your inspection.

Please note. as the property is currently tenanted, a minimum of 48 hours is required for an inspection.

*Approximately

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.

Property History for 4 Richards Dr, Cowra, NSW 2794

A timeline of how this property has performed in the market
Last Sold
$350,000
17 Jul 2026
  • 17 Jul 2026
    Sold for $350,000
  • 01 Jul 2026
    Listed for Sale $370,000 - $390,000 + GST
  • 31 Oct 2025
    Listed for Sale Price on Application
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About Cowra 2794

The size of Cowra is approximately 893.4 square kilometres. There are 32 parks, covering nearly 2.0% of the total area. The population of Cowra in 2016 was 10063 people. By 2021 the population was 10145 showing a population growth of 0.8% 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 managers occupation.In 2021, 67.90% of the homes in Cowra were owner-occupied compared with 66.80% in 2016.

Cowra has 6,079 properties. Over the last 5 years, Houses in Cowra have seen a 52.71% increase in median value, while Units have seen a 42.44% increase. As at 31 July 2026:

  • The median value for Houses in Cowra is $443,767 while the median value for Units is $386,351.
  • Houses have a median rent of $400 while Units have a median rent of $283.
There are currently 55 properties listed for sale, and 9 properties listed for rent in Cowra on OnTheHouse. According to Cotality's data, 258 properties were sold in the past 12 months in Cowra.

Suburb Insights for Cowra 2794

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.