5-8/18-20 Kerwan Street, Cooma.
Four Units, One Title, Outstanding Returns
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.
Get to know the area.
Cooma, south of NSW, is the largest town in the Snowy Mountains region, known for its rich history and outdoor lifestyle. With easy access to ski resorts, Canberra, and the Sapphire Coast, Cooma offers residents a mix of adventure, heritage charm, and modern amenities, making it an ideal destination for nature lovers and families.
Your local office.
Located in the beautiful Australian Alps, Belle Property Snowy Mountains is driven by a team of leading local experts who service the region with offices in the heart of Cooma, Berridale, Jindabyne and Thredbo.
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