Units 1-6/57 Warkil St, Cobram, Vic 3644

$640,000

Block Of Units
Type
5
Bedrooms
5
Bathrooms
5
Parkings
754 m²
Area

Last updated on Thursday, May 14, 2026 ( See property details for Units 1-6/57 Warkil St, Cobram, Vic 3644)

$640,000

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

A rare opportunity to acquire a well-maintained, high-yield investment complex of five units in Cobram with immediate income and future growth potential.

🏡 Property Highlights

  • High-yield investment opportunity with proven rental income
  • Well-maintained complex of five units with immediate cash flow
  • Generous 754m² corner allotment in the heart of Cobram
  • Each unit features an open plan kitchen and living area
  • Separate bedroom with built-in robes for added convenience
  • Dedicated car space for each unit enhances tenant appeal

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Cobram is a vibrant regional town renowned for its strong community, scenic riverfronts, and growing real estate market. It offers excellent amenities, a relaxed lifestyle, and significant growth potential, making it an ideal location for investors seeking reliable returns and a high quality of life. The area benefits from proximity to major transport links and regional attractions, ensuring continued demand for rental properties and long-term capital growth.

What is the current rental income and occupancy rate for the units?
The complex has an excellent rental history with a potential fully let income of $1,090 per week, indicating high occupancy and reliable cash flow.
Are there any ongoing maintenance or management costs associated with the property?
As a well-maintained complex, ongoing costs are minimized, but potential investors should inquire about strata or management fees and maintenance expenses.
What are the zoning and planning regulations for this property?
The property is situated on a 754m² corner allotment in Cobram, and prospective buyers should verify local zoning regulations and any planning restrictions with the local council.
Are there any upcoming developments or planning activities in the area that could impact the property?
Potential buyers should consult local planning authorities to confirm any future developments or zoning changes that may influence the property's value or rental demand.
Is the property compliant with all relevant building and safety standards?
The property is described as well-maintained; however, buyers should conduct their own inspections and verify compliance with all safety and building standards.
Are there any hidden costs or fees associated with the property, such as strata levies or management fees? Has the property been inspected for structural issues or pest infestations? Are there any easements, covenants, or zoning restrictions that could affect future development? Is there any history of flooding or bushfire risk in the area? Are there any planned or ongoing construction projects nearby that could impact the property’s value or living conditions?

Units 1-6/57 Warkil St, Cobram, Vic 3644 - More Details

$640,000

An outstanding opportunity to secure a high-performing investment in the heart of Cobram, this well-maintained complex of five one-bedroom units offers immediate income and long-term potential.

Set on a generous 754m² corner allotment, the property boasts a proven track record with an excellent rental history, and with a potential fully let income of $1,090 per week makes it an ideal high-yield addition to any portfolio.

Each unit is thoughtfully designed and well appointed, featuring an open plan kitchen and living area, a separate bedroom with built-in robes, and a combined bathroom and laundry. Every unit also includes its own dedicated car space, adding to the overall convenience and tenant appeal.

The practical layout, low-maintenance design and consistent occupancy highlight the strength of this investment, making it a smart choice for investors seeking reliable returns in a sought-after regional location.

With solid income already in place and future growth potential, this is a rare opportunity to secure a ready-made investment with immediate cash flow.

Enquire today to arrange an inspection or request further information.

*PLEASE NOTE THERE IS NO UNIT 4

These details have been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.

Property Code: 5317
Type
Block Of Units
Bedrooms
5
Bathrooms
5
Parkings
5
Area
754 m²

Price guide

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