11 Mulyan Street, Cowra, NSW 2794

Price Guide: $299,000 - $319,000

Block Of Units
Type
2
Bedrooms
2
Bathrooms
531 m²
Area

Published on Monday, August 24, 2026 ( See property details for 11 Mulyan Street, Cowra, NSW 2794)

Price Guide: $299,000 - $319,000

Caley Mok Residential & Lifestyle Sales
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A practical investment opportunity featuring two leased one-bedroom units on a manageable 531 sqm block in Cowra, NSW.

🏡 Property Highlights

  • Established rental income with tenants in place until late 2026
  • Two attached one-bedroom units offering versatile investment options
  • Affordable entry point on a 531 sqm block
  • Split-system air conditioning in each unit for tenant comfort
  • Potential for future rental growth through property improvements
  • Low annual outgoings including land rates and water charges

✨ Key Features

  • Internal Laundry
  • Split-system Air Conditioning
  • Water access charge
  • Water usage
  • Electric kitchen
  • Living room
  • Block of Units
  • Built-in Robes
  • Secure Parking
  • Low-Maintenance Yard

Cowra is a vibrant regional town offering a strong community atmosphere, essential amenities, and excellent transport links. Its affordable property market makes it an attractive choice for investors. The area boasts a range of local services, parks, and schools, ensuring a convenient lifestyle. With steady rental demand, Cowra presents a promising opportunity for long-term growth. The town’s scenic surroundings and friendly neighbourhoods make it a desirable place to invest and reside.

What is the current rental income and lease expiry dates for the units?
The combined weekly rental income is $380, with each unit leased at $190 per week. Unit 1's lease expires in November 2026, and Unit 2's lease expires in December 2026.
Are there any additional costs associated with owning this property?
Yes, approximate annual outgoings include land rates of $2,883.99, water access charges of $306.99, and water usage averaging $529.24 per year.
Can I inspect the property before making a decision?
Inspections are strictly by appointment during the advertised times, as the property is tenanted. No video walkthrough is available at the tenant's request.
Is there potential to increase rental income in the future?
Yes, the property offers potential for future rental growth through improvements and upgrades to the units.
What are the key features of each unit?
Each unit features one bedroom, one bathroom, an electric kitchen, living room, internal laundry, and split-system air conditioning.
Are there any planned or upcoming developments in the area that could affect the property's value or rental demand? Are there any zoning restrictions or easements on the property that could limit future modifications? Has the property been inspected for structural issues or pest infestations? Are there any outstanding council or water rates, or other unpaid charges? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any restrictions or conditions related to the existing leases that could impact future rental income? What are the terms of the current leases, and are there any options for renewal or rent increases? Are there any planned infrastructure projects or developments nearby that could impact the property? Is the property compliant with all local building codes and regulations? Are there any strata or community title considerations, and what are the associated fees or responsibilities?

11 Mulyan Street, Cowra, NSW 2794 - More Details

Price Guide: $299,000 - $319,000

Here lies an affordable, straightforward investment opportunity comprising two attached one bedroom, one bathroom dwellings on a 531 sqm block, offering an existing rental income.

Each unit features:
• One bedroom
• One bathroom
• Electric kitchen
• Living room
• Internal laundry
• Split-system air conditioning

Current rental income:
• Unit 1: $190 per week - lease expires November 2026
• Unit 2: $190 per week - lease expires December 2026
• Combined rental: $380 per week
• Annual rental income: $19,760

Approximate annual outgoings:
• Land rates: $2,883.99
• Water access charge: $306.99
• Water usage: approximately $529.24 per year (average of the last invoices)

A basic, functional property suited to investors looking for an established rental arrangement and the potential to improve the properties with a view to increase future rental income.

Due to the properties being tenanted, inspections are strictly as per the advertised times. At the request of the tenants, no video walkthrough is available for this property.

To book your inspection or learn more about this property, contact listing agents Caley Mok on 0437 007 303 or Adam Gambrill on 0417 533 453.

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.

*approximate
Type
Block Of Units
Bedrooms
2
Bathrooms
2
Area
531 m²

Inspections times

  • Inspection Sat 29 Aug 10:00 am

    Saturday 29 August
    10:00 am - 10:30 am
Thank you for submitting your reminder request.

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