FOR SALE
$555,000

31 Chapman Street
Cooma NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4483m2
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Residential Subdivision Potential

Introducing a rare opportunity in the heart of Cooma, where heritage charm meets modern potential. Nestled on a generously sized 4483m² subdividable block, this property offers a unique canvas for your dream development. Boasting a minimum block size of 500m², the potential is vast, allowing for the creation of distinct parcels that cater to various architectural visions.
The expansive land presents a blank slate for visionary investors, developers, or those looking to build their dream homes. With the flexibility to subdivide into smaller lots, this property opens up a realm of possibilities for those seeking to capitalize on the burgeoning real estate market.
Adding to the allure of this offering is a Heritage-listed 2-bedroom cottage, a charming piece of history that enhances the character of the property. Whether you choose to preserve this cottage as a focal point within the development or embark on a meticulous restoration, its presence adds a touch of nostalgia to the overall ambiance.
Situated in a desired location with all of Cooma's amenities close by, this subdividable block is a unique investment opportunity that combines historical significance with modern development potential. Envision the possibilities and make your mark on this prime piece of real estate in Cooma. Don't miss your chance to be part of a transformative project that harmoniously blends the past and the future.
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.
Disclaimer:
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.

Property Details for 31 Chapman St, Cooma

Building Type
Land
Land Size
4483m2

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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 4,011 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 62 properties listed for sale, and 19 properties listed for rent in Cooma on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Cooma.

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