For Sale

63 Elizabeth Crescent, Cobar, NSW 2835

$850,000

Block Of Units

Type

Bedrooms

Bathrooms

1,239 m²

Area

Published on Tuesday, September 15, 2026 ( See property details for 63 Elizabeth Crescent, Cobar, NSW 2835)

$850,000

Shara Suckling Property Sales Agent

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AI Property Insight

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

A well-positioned, fully leased block of eight upgraded studio units offering strong returns and low vacancy in Cobar, NSW.

🏡 Property Highlights

Fully leased complex with eight semi-furnished studio units
Recent upgrades including new kitchens and bathroom renovations
Strong rental income of approximately $106,080 per annum
Excellent gross return of around 12.5%
Prime corner location close to hospital, schools, and amenities
Low vacancy rates driven by high tenant demand

✨ Key Features

Built-in Robes
Outdoor Area
Outdoor Area / Balcony
Open-Plan Living
Security Screens / Gates
Shared Laundry
Off Street Parking
Fly Screens
Low-Maintenance Yard
Pet-Friendly

Suburb and Property Insights of Cobar, NSW 2835

Cobar is a vibrant regional town offering essential amenities, a strong community spirit, and excellent connectivity. Its strategic location provides easy access to healthcare, education, and recreational facilities, making it an attractive choice for tenants and investors alike. The area benefits from ongoing demand for affordable rental housing, ensuring steady occupancy and income. With a rich mining history and a welcoming atmosphere, Cobar presents a promising opportunity for property investment. Key features include proximity to the hospital, schools, golf club, and town centre, all within a friendly and accessible environment.

Frequently Asked Questions

What is the current occupancy rate and tenant demand for this property?

The property experiences low vacancy rates due to strong tenant demand, making it a reliable income source.

Are there any ongoing maintenance or upgrade costs expected for the units?

Recent upgrades include new kitchens, bathrooms, and fresh paint, which reduce immediate maintenance needs.

What are the zoning and planning regulations affecting this property?

The property is situated on a standard residential allotment within Cobar, compliant with local zoning regulations.

Are there any upcoming developments or planning activities in the area that could impact the property?

Currently, there are no known major developments; however, prospective buyers should verify with local planning authorities.

What are the total ongoing costs, including rates and management fees?

Annual rates are approximately $4,742.67; other costs such as management fees may vary depending on the arrangement.

What to ask about this property to agent?

Are there any existing or potential zoning restrictions or easements that could affect future development or use? Has a recent pest and building inspection been conducted, and are there any issues to be aware of? Are there any planned infrastructure projects or construction nearby that could impact the property? What are the terms of the current lease agreements, and when are they due for renewal? Are there any strata or body corporate fees or regulations applicable to this property?

63 Elizabeth Crescent, Cobar, NSW 2835 - More Details

$850,000

Positioned on a substantial 1239sqm allotment, this fully leased complex presents a superb opportunity to secure a high preforming property with exceptional returns. The property delivers an immediate combined rental income of approximately $106,080 per annum, giving an approximate gross return of 12.5%.

Comprising of eight, semi-furnished studio style units that have recently been refreshed with new kitchens and bathroom upgrades, internal and external paint and a BBQ and pergola area.

Set on the corner Elizabeth Crescent and Nullamut Street, this convenient location places the Cobar Hospital, nearby schools, Golf Club and town amenities only minutes away.

Features include but not limited to:
- Eight semi furnished units, that include beds, table/chairs, tv, fridge, heating/cooling and mini benchtop oven/stove
- New kitchen installation
- Freshly painted internal/external
- Outdoor enhancements
- Outdoor pergola area with BBQ
- Shared laundry
- Off street parking
- Low vacancy rates due to strong tenant demand
- Gross profit return of 12.5% - approx.
- Rates $4,742.67pa - approx.

63 Elizabeth Crescent presents an attractive return for investors chasing a dependable income that continues to see strong demand from tenants seeking affordable housing options.

Disclaimer: information in this brochure is not independently verified. The vendor and agents disclaim liability, and accuracy is not guaranteed. Prospective purchaser should exercise their judgement.

Type: Block Of Units
Bedrooms: 8
Bathrooms: 8
Area: 1,239 m²

Three Dimensional Virtual Tour - 63 Elizabeth Crescent, Cobar, NSW 2835

Map & nearby places — 63 Elizabeth Crescent, Cobar, NSW 2835

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63 Elizabeth Crescent, Cobar, NSW 2835

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