7 Bowers PlaceKarabar NSW 2620
Property Details for 7 Bowers Pl, Karabar
7 Bowers Pl, Karabar is a 6 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 847m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 6 bedroom BlockOfUnits sold in Karabar in the last 12 months.
Last Listing description (September 2025)
LJ Hooker Queanbeyan | Jerrabomberra | Googong is proud to present 7 Bowers Place, Karabar.
An exceptional chance to secure a tenanted residential complex in a quiet, tightly held cul-de-sac location. Comprising six one-bedroom units all on a single title, this well-maintained and recently repainted complex offers a rare combination of immediate rental income, long-term stability, and future capital growth.
This single-level development is home to long-term tenants and has been carefully maintained, with all units in good condition. The estimated gross annual income sits at $103,560, with a strong estimated net annual return of $77,842. Parking is well catered for, with five allocated undercover carports plus an additional off-street space at the front of the property.
Opportunities to secure developments of this calibre are increasingly hard to find. Whether you are looking to expand your portfolio, invest through a self-managed super fund, or secure a solid long-term asset, this property ticks all the boxes.
Level 847m� block with R2 - Low Density Residential Zoning.
Income:
Unit 12 - On continuation $330 per week
Unit 13 - On continuation $330 per week
Unit 14 - On continuation $330 per week
Unit 15 - Vacant $330 per week
Unit 16 - On continuation $330 per week
Unit 17 - On continuation $330 per week
**Plus washing machine income (estimate annually) $600
Estimated Gross Annual Income $103,560
Expenses:
Agent Fees $7,207
QPRC Rates & Water Charges $11,311
Insurance $5,200
Laundry electricity & hot water $2,000 (Estimate)
Estimated Annual Expenses $25,718
Estimated Nett Annual Income $77,842
For more information or to arrange an inspection, contact Peter Stumbles on 0418 630 002.
Property History for 7 Bowers Pl, Karabar, NSW 2620
- 26 Sep 2025Sold for $1,470,000
- 24 Jul 2025Listed for Sale Sold
- 05 Jun 2024Listed for Rent $300 / week
Recent sales nearby
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0About Karabar 2620
The size of Karabar is approximately 7.0 square kilometres. It has 12 parks covering nearly 8.9% of total area. The population of Karabar in 2016 was 8247 people. By 2021 the population was 8517 showing a population growth of 3.3% in the area during that time. The predominant age group in Karabar is 30-39 years. Households in Karabar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karabar work in a clerical occupation.In 2021, 69.30% of the homes in Karabar were owner-occupied compared with 67.00% in 2016.
Karabar has 3,752 properties. Over the last 5 years, Houses in Karabar have seen a 39.87% increase in median value, while Units have seen a 42.44% increase. As at 31 January 2026:
- The median value for Houses in Karabar is $756,271 while the median value for Units is $550,023.
- Houses have a median rent of $650 while Units have a median rent of $530.
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