103 Marshall StreetCobar NSW 2835
Property Details for 103 Marshall St, Cobar
103 Marshall St, Cobar is a bedroom, 20 bathroom House with 13 parking spaces. The property has a land size of 7739m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (April 2021)
This is an outstanding opportunity to secure an investment property located on the Barrier Highway with a strong trading history that takes full advantage of the ever increasing drive in drive out clientele, 103 Marshall Street offers a current lease term of 2 years to 2021 with an annual return of $87,000 + GST + outgoings.
Offering 20 fully self contained, individually metred units7 brick and 13 transportable
All units offer air conditioning and most have been renovated, 13 of the units feature carports
Shared laundry
Solar panels for energy efficiency
7m x 7m lock up shed + 3m x 3m enclosed storage area (approx.) within a separately fenced compound
Positioned on a large 7,735m2 block with the option to further increase accommodation needs (STCA)
DA approved until 2022 for the installation of large shed.
Cobar is a bustling and prosperous town with a strong mining historycopper, lead, silver, zinc, goldand supporting industries, trades, retail and agriculture
$840,000 + GST If applicable
Property History for 103 Marshall St, Cobar, NSW 2835
- 17 Mar 2021Sold for $715,000
- 01 Dec 2019Listed for Sale $749,000
- 31 Aug 2018Listed for Rent $170 / week
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0About Cobar 2835
The size of Cobar is approximately 2,186 square kilometres. It has 16 parks covering nearly 0.4% of total area. The population of Cobar in 2011 was 3,816 people. By 2016 the population was 3,988 showing a population growth of 4.5% in the area during that time. The predominant age group in Cobar is 0-9 years. Households in Cobar are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobar work in a trades occupation. In 2011, 54% of the homes in Cobar were owner-occupied compared with 55.7% in 2016.
Cobar has 2,536 properties. Over the last 5 years, Houses in Cobar have seen a 21.41% increase in median value, while Units have seen a 53.90% increase. As at 31 July 2024:
- The median value for Houses in Cobar is $186,795 while the median value for Units is $218,044.
- Houses have a median rent of $315 while Units have a median rent of $200.
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