FOR SALE
$1,500,000

155 Sharp Street
Cooma NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 600m2
Land area: 632m2
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Historic Cooma Building

The Westpac Bank building and four-bedroom residence.
The historic building is a landmark in central Cooma C.B.D and cannot be missed boasting a prominent corner position. Westpac has been in residence for decades. Previously the Bank of NSW the building has been occupied since 1914.
The bank area is approx. 310sqm comprises a reception and service area, 3 interview rooms, 2 offices, a kitchen, two toilet rooms, and storage. A relatively new air conditioning system has recently been upgraded and refurbished.
The residence is on two levels. Above the bank is a residence that features four bedrooms with 3.1m high, ornate ceilings, wide skirtings, thick cedar doors with original charming brass fittings, period windows, and a fireplace.
Downstairs is a spacious living room, dining room, kitchen, and laundry, and a brick single garage.
Lease details,
Westpac - Lease - expires 20/12/25 with 3-year Option
Rent - $59,619.00 PA plus G.S.T. Annual indexed adjustments.
Outgoings - Westpac pays 60% of outgoings.
Residence - Rent -$15,600 0 PA (No G.S.T)
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Property Details for 155 Sharp St, Cooma

Building Type
Commercial
Floor Size
600m2
Land Size
632m2

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About Cooma 2630

The size of Cooma is approximately 97.8 square kilometres. It has 16 parks covering nearly 4.2% of total area. The population of Cooma in 2011 was 6,664 people. By 2016 the population was 6,681 showing a population growth of 0.3% in the area during that time. The predominant age group in Cooma is 50-59 years. Households in Cooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooma work in a professional occupation. In 2011, 67.5% of the homes in Cooma were owner-occupied compared with 64.5% in 2016.

Cooma has 4,012 properties. Over the last 5 years, Houses in Cooma have seen a 74.88% increase in median value, while Units have seen a 25.02% increase. As at 31 October 2024:

  • The median value for Houses in Cooma is $493,998 while the median value for Units is $443,324.
  • Houses have a median rent of $495 while Units have a median rent of $350.
There are currently 64 properties listed for sale, and 21 properties listed for rent in Cooma on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Cooma.

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