FOR SALE
$465,000

49 Vale Street
Cooma NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 205m2
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Prime Investment Opportunity

Nestled in the bustling heart of Cooma's commercial district, 49 Vale Street presents a prime investment opportunity for the discerning investor. This substantial commercial property boasts a vast open retail area, spanning an impressive 205 square metres, offering a blank canvas to create a bespoke business environment.
The large front window space floods the interiors with natural light, perfect for enticing displays and capturing the attention of passers-by in this busy precinct. Inside, the layout is thoughtfully designed with separate spaces that allow for versatile use, from showrooms to specialised service areas.
Staff amenities have not been overlooked, with a dedicated staff room and a well-appointed kitchen ensuring a comfortable work environment. Rear access to the property adds a layer of convenience for deliveries and logistics, making business operations seamless.
This commercial gem offers endless potential, with ample room to accommodate a variety of business ventures. It's an investment ripe for the taking, promising to be a lucrative asset in a location where demand for commercial space is high. Don't miss out on the chance to own a piece of Cooma's commercial future at 49 Vale Street.

Property Details for 49 Vale St, Cooma

Building Type
Commercial
Floor Size
200m2
Land Size
205m2

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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 4,025 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 68 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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