5-8/18-20 Kerwan Street, Cooma, NSW 2630

$1,200,000

Block Of Units
Type
9
Bedrooms
4
Bathrooms
4
Parkings

Published on Monday, June 22, 2026 ( See property details for 5-8/18-20 Kerwan Street, Cooma, NSW 2630)

$1,200,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-established block of four strata titled units in Cooma offering immediate income, flexible configurations, and strong investment potential.

🏡 Property Highlights

  • Immediate income stream with all units leased at $1,540 per week
  • Strong rental history and reliable cash flow
  • Flexible mix of one, two, and three-bedroom units
  • All bedrooms feature built-in wardrobes
  • Updated kitchens and bathrooms in selected units
  • Low-maintenance complex in a well-established area

✨ Key Features

  • Block Of Units
  • Built-in Robes
  • Updated Kitchens
  • Updated Bathrooms
  • Low-Maintenance Yard
  • Convenient Location
  • Strata Titled
  • Multiple Income Streams
  • Immediate Income Stream
  • Reliable Tenancies

Cooma is a vibrant regional centre offering a strong community feel, excellent local amenities, and convenient access to outdoor recreation. The area boasts a growing property market, reliable rental demand, and a welcoming environment for tenants and investors alike. Its strategic location provides easy connectivity to surrounding regions, making it an attractive choice for long-term investment. With a mix of established infrastructure and natural beauty, Cooma continues to thrive as a desirable place to live and invest.

What is the current rental income and occupancy status?
The property generates a combined rental income of $1,540 per week with all units currently leased under individual tenancy agreements, ensuring immediate cash flow.
Are there any recent updates or renovations to the units?
Yes, several units have benefited from updated kitchens and bathrooms, enhancing tenant comfort and rental appeal.
What is the overall condition of the complex?
The complex is low-maintenance and well-established, with a strong rental history and minimal vacancy risk.
What types of units are included in the complex?
The complex comprises a mix of one, two, and three-bedroom units, catering to a broad tenant base.
What amenities and services are nearby?
The property is conveniently located close to local amenities and services, providing easy access for tenants.
Are there any upcoming strata or body corporate fees or special levies planned for the complex? What are the zoning regulations and are there any restrictions on future development? Are there any known issues or defects with the units or the building structure? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned or ongoing construction projects nearby that could impact the property or tenants? What are the terms of the existing tenancy agreements, and are there any rent increases scheduled? Are there any easements, covenants, or zoning restrictions affecting the property? What are the long-term maintenance costs or potential repairs needed for the units? Is the property compliant with all local building codes and regulations? Are there any restrictions on pets or other tenant limitations in the complex?

5-8/18-20 Kerwan Street, Cooma, NSW 2630 - More Details

$1,200,000

Positioned in a well-established area of Cooma, this block of four strata titled units presents an outstanding investment opportunity with strong returns and reliable income already in place. With all units currently leased through Housing on individual tenancy agreements, the property generates a combined rental income of $1,540 per week, delivering immediate cash flow from day one.
Offering a mix of one, two and three-bedroom configurations, the complex caters to a broad tenant base while providing flexibility and long-term appeal. All bedrooms feature built-in wardrobes, and several units have benefited from kitchen and bathroom updates, enhancing both tenant comfort and rental appeal. With proven occupancy, multiple income streams and low vacancy risk often associated with multi-unit investments, this is a rare chance to secure a high-performing asset in the growing Cooma market.

Property Features
- Block of 4 strata titled units
- Returning $1,540 per week
- Mix of 1, 2 and 3-bedroom units
- Built-in wardrobes in all bedrooms
- Updated kitchens in selected units
- Updated bathrooms in selected units
- Strong rental history and investment appeal
- Low-maintenance residential complex
- Convenient location close to local amenities and services
- Immediate income stream with tenancies in place

Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture, and descriptions.
Type
Block Of Units
Bedrooms
9
Bathrooms
4
Parkings
4

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