FOR SALE
$970,000

153 Sutton Street
Cootamundra NSW 2590

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 1012m2
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Opportunity And Options For Investors - A Retail Shop, House And Flat!

This unique property offers 2 separate residence and 2 shop fronts currently operating a busy takeaway breakfast, smoko, lunch system. Cootamundra has a very high rental demand and growth is expected.
*House, 2 bed, 2 lounge rooms, 2nd toilet all newly renovated ready to move in (new renovation has been saved for new owners not lived in).
*Unit, 1 bed unit in pristine condition. Both house and unit have separate shed/garage. With more room to expand and good back lane access.
This property has flexible options making for an attractive investment opportunity as the shop has Olympic Highway frontage with a 50 solar panels.
The shop can also be converted into more units for further residential rental opportunities (STCA) as the zoning allows for this to happen. This property is offered for sale on one title and is unique to our market - limited part vendor finance available upon request.
Cootamundra is located 1 hr NE of Wagga Wagga, 2 hrs west of Canberra and 4 hrs W of Sydney, 5.5 hrs to Melbourne.
PROPERTY VALUE WELL EXCEEDS ASKING PRICE!!

Property Details for 153 Sutton St, Cootamundra

153 Sutton St, Cootamundra is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Landmark Harcourts Cootamundra.

Building Type
House
Land Size
1012m2

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About Cootamundra 2590

The size of Cootamundra is approximately 888.4 square kilometres. It has 26 parks covering nearly 2.1% of total area. The population of Cootamundra in 2011 was 6,694 people. By 2016 the population was 6,809 showing a population growth of 1.7% in the area during that time. The predominant age group in Cootamundra is 60-69 years. Households in Cootamundra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cootamundra work in a labourer occupation. In 2011, 73.5% of the homes in Cootamundra were owner-occupied compared with 70.4% in 2016.

Cootamundra has 4,090 properties. Over the last 5 years, Houses in Cootamundra have seen a 88.76% increase in median value, while Units have seen a 47.47% increase. As at 30 November 2024:

  • The median value for Houses in Cootamundra is $363,945 while the median value for Units is $370,361.
  • Houses have a median rent of $420 while Units have a median rent of $260.
There are currently 38 properties listed for sale, and 4 properties listed for rent in Cootamundra on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Cootamundra.

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Judy Boyd
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Liz Johnson
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Landmark Harcourts Cootamundra
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