Fantastic opportunity to purchase large commercial premises in the busy main street of Bombala.
Bombala is a town in the Monaro region of south-eastern New South Wales. It is approx. 90kms from Cooma and approx. 80kms to the far south coast. It is a thriving country town and the central location makes it a handy area to live.
First Opportunity
Second opportunity
Comprises three offices in the main Street of Bombala. There are currently 2 long term tenants and a vacant office space fronting the main Street. Also available is a large 3 bedroom property also tenanted.
The gross returns on this property are $30,000 per year with the opportunity of a further $13,000 from the vacant office space.
The commercial tenants have long term leases while the home has a lease until 2018. This is an opportunity to secure nice returns and maybe run your own business from the vacant office.
The properties are well maintained and have recently had a refurbish to the empty shop.
Low maintenance, solid returns nice combination.
Call now to arrange an inspection.
The size of Bombala is approximately 119.9 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Bombala in 2011 was 1,210 people. By 2016 the population was 1,395 showing a population growth of 15.3% in the area during that time. The predominant age group in Bombala is 60-69 years. Households in Bombala are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Bombala work in a managers occupation. In 2011, 72.4% of the homes in Bombala were owner-occupied compared with 71.7% in 2016.
Bombala has 928 properties. Over the last 5 years, Houses in Bombala have seen a 88.71% increase in median value, while Units have seen a 138.38% increase. As at 31 October 2024:
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