7 Bowers Place, Queanbeyan, NSW 2620

LJ Hooker Queanbeyan | Jerrabomberra | Googong is proud to present 7 Bowers Place, Karabar.

An exceptional chance to secure a tenanted residential complex in a quiet, tightly held cul-de-sac location. Comprising six one-bedroom units all on a single title, this well-maintained and recently repainted complex offers a rare combination of immediate rental income, long-term stability, and future capital growth.

This single-level development is home to long-term tenants and has been carefully maintained, with all units in good condition. The estimated gross annual income sits at $103,560, with a strong estimated net annual return of $77,842. Parking is well catered for, with five allocated undercover carports plus an additional off-street space at the front of the property.

Opportunities to secure developments of this calibre are increasingly hard to find. Whether you are looking to expand your portfolio, invest through a self-managed super fund, or secure a solid long-term asset, this property ticks all the boxes.

Level 847m² block with R2 - Low Density Residential Zoning.

The auction will be held on-site on Saturday 23rd August 2025 at 12:00pm. For more information or to register your interest, contact Peter Stumbles on 0418 630 002.