73 Fitzroy Avenue, Cowra, NSW 2794

$520,000

House
Type
3
Bedrooms
2
Bathrooms
3
Parkings
1,621 m²
Area

Last updated on Saturday, September 05, 2026 ( See property details for 73 Fitzroy Avenue, Cowra, NSW 2794)

$539,900

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

A versatile investment property in Cowra offering a character home, a separate flat, and development potential on a large, zoned block with strong rental returns.

🏡 Property Highlights

  • Potential for future development (STCA) on a 1,619m² zoned residential block
  • Currently generating strong rental income with two long-term tenants
  • Main character home featuring a modern gallery-style kitchen and low-maintenance exterior
  • Separate, tastefully designed one-bedroom flat with modern open-plan living
  • Excellent location with verandas on both front and back, offering outdoor relaxation
  • Ample off-street parking with undercover accommodation for two cars and lockable storage

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Pet-Friendly
  • Garage / Secure Parking
  • External Laundry
  • Ceiling Fans

Cowra is a vibrant regional town renowned for its strong community spirit, excellent amenities, and scenic surroundings. It offers a diverse lifestyle with access to parks, schools, and local services. The area is ideal for investors seeking growth potential and long-term stability. With ongoing development and a steady rental market, Cowra presents a compelling opportunity for both lifestyle and investment. The town’s friendly atmosphere and strategic location make it a desirable place to live and work.

What is the current condition of the main house and the flat?
The main house features a modern gallery-style kitchen, updated bathroom in excellent condition, and low-maintenance exterior cladding. The flat is a modern, open-style one-bedroom accommodation with a combined kitchen and living area, also in excellent condition.
What are the rental yields and current tenants' details?
The main house is rented for $385 per week, and the flat is rented for $285 per week. Both tenants are long-term and would like to stay, providing a strong rental return.
Is there potential for future development or subdivision?
Yes, the 1,619m² zoned residential land offers potential for subdivision or multi-unit development, subject to council approval (STCA).
What parking and storage options are available?
The property includes undercover accommodation for two cars and an adjoining lockable storage area.
Are there any restrictions or considerations for buyers?
Potential buyers should verify development potential with local council, check for easements or zoning restrictions, and consider any planning or approval requirements.
Are there any hidden costs associated with future subdivision or development approvals? Has the property been inspected for structural issues or pests? Are there any existing easements, covenants, or zoning restrictions affecting development plans? What are the flood or bushfire risks in this area? Are there any upcoming planning or construction projects nearby that could impact the property? Is the property compliant with all council regulations and building codes? Are there any strata or community title considerations if subdivided or developed? What are the long-term maintenance costs for the property and flat? Are there any restrictions on renting out the flat or main house? Has the property been surveyed recently to confirm land boundaries and size?

73 Fitzroy Avenue, Cowra, NSW 2794 - More Details

$520,000

Attention smart investors this property is suitable for future development (STCA)

The land size is 1,619m2 and is zoned residential meaning it could be suitable for subdivision or (Subject to Council Approval) for future multi unit development on the site.

It has a great rental return now and is offered for sale with 2 long term tenants.
The main home is a character home with two bedrooms and featuring a modern gallery style kitchen. The home has a good sized lounge room with reverse cycle split system air conditioning plus a gas heater.

The home features include the main bedroom has built in robes and the bathroom has been updated and is in excellent condition. In addition the home exterior is finished in low maintenance cladding and has pleasant verandas on both the front and back of the home.

The home is currently tenanted to excellent tenants who would like to stay the home is rented for $385.00 per week. As this home is currently tenanted buyer inspections will require appropriate notice given.

The flat in the back yard is a tastefully designed single bedroom accommodation that is separately metered for electricity it boasts a modern open style. It has a combined kitchen/ living area, bathroom and bedroom that is accessed by a covered veranda area. Currently rented for $285.00 per week.

In addition there is undercover accommodation for two cars and an adjoining lockable storage area.

This property is bound to be popular so if you are looking for a good long term investment with current excellent rental returns call now for more information Scott Penning - 0415 - 576 646 or at Office 02 6342 3344

James P Keady Pty Limited – A Family Company since 1912

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. Interested parties should rely on their own legal advice and the accuracy of the contract.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
3
Area
1,621 m²

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