FOR SALE
$830,000

208 Sharp Street
Cooma NSW 2630

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 82m2
Land area: 2023m2
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Rich Heritage with Boundless Potential.

Nestled within the heart of Cooma on the bustling 208 Sharp Street stands a historical gem awaiting its next visionary owner. With a substantial land size of 2023 square metres, this pre-1900s stone residence offers a unique investment opportunity that blends rich heritage with boundless potential.
The property currently houses three separate units, two of which are already generating income with reliable tenants. Investors will appreciate the immediate cash flow as they envision the future of this majestic home. The opportunity to restore the residence to its original grandeur is palpable, or one might choose to continue with the cleverly designed renovations that promise to elevate its charm and functionality.
At the rear of the property lies an original barn graced with a new roof, a nod to the estate's rustic past. With approved plans to subdivide into two lots, this feature becomes a significant asset. The back lot, complete with all services, including the barn, has received the green light for further renovations, opening a pathway for increased value and versatility.
The property's street appeal is undeniable, with striking granite retaining and boundary walls framing the scene. The allure of its architecture promises to capture the attention of passers-by and investors alike.
Beneath the house, a network of rooms offers a blank canvas for the imagination, perfect for the creative renovator looking to tailor the space to specific desires or requirements.
This remarkable offering on Sharp Street is not just a home but a piece of Cooma's history and a rare opportunity for the astute investor or dedicated renovator to craft something truly extraordinary.

Property Details for 208 Sharp St, Cooma

208 Sharp St, Cooma is a 4 bedroom, 3 bathroom House. The property has a land size of 2023m2 and floor size of 82m2. The place is currently for sale with One Agency Craig Schofield.

Building Type
House
Floor Size
82m2
Land Size
2023m2

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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 4,024 properties. Over the last 5 years, Houses in Cooma have seen a 74.26% increase in median value, while Units have seen a 73.85% increase. As at 30 November 2024:

  • The median value for Houses in Cooma is $498,930 while the median value for Units is $493,116.
  • Houses have a median rent of $490 while Units have a median rent of $355.
There are currently 67 properties listed for sale, and 17 properties listed for rent in Cooma on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Cooma.

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Craig Schofield
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Jodi Alexander
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One Agency Craig Schofield
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