8 Barton StreetCobar NSW 2835
Property Details for 8 Barton St, Cobar
8 Barton St, Cobar is a 5 bedroom, 1 bathroom House. The property has a land size of 670m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (April 2021)
Located in the commercial hub of Cobar and once formally known as the Rural Bank, has since been developed into a high yielding business opportunity offering 2 separate tenancies.
Gross rent $44,250 p/a (Exc. GST). Sold as going concern.
The ground floor is leased to a long standing stationery business servicing the local community and large mining sector. Comprising of a large open floor area with disabled access, 3 office spaces, vault room, kitchenette, rear delivery area and reverse cycle ducted air conditioning. Located upstairs is a spacious 5 bedroom residence with a modern kitchen and bathroom and separate undercover parking and reverse cycle ducted air conditioning.
8 Barton StreetTenant: Stationery Essentials
Current lease agreement 5 years, commenced 2019
Rent: $26,000 p/a (Exc. GST)
8A Barton Street Tenanted 5 bedroom residence
Current lease agreement six months, commenced March 2020
Rent: $18,250 p/a (Exc. GST)
Cobar is a long established centre for mining and a vibrant western town located on the crossroads of two major highways.
Fast facts:
ZoningB2 Local Centre
Site area670m2
Retail area495m2
Residence253m2
Lettable space748m2
Information memorandum with full tenancy details available upon request.
Property History for 8 Barton St, Cobar, NSW 2835
- 06 Jan 2021Listed for Rent - Price not available
- 21 Dec 2020Sold for $450,000
- 16 Jan 2020Listed for Sale Under Contract
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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 2,539 properties. Over the last 5 years, Houses in Cobar have seen a 12.55% increase in median value, while Units have seen a 46.97% increase. As at 31 October 2024:
- The median value for Houses in Cobar is $173,210 while the median value for Units is $208,224.
- Houses have a median rent of $320 while Units have a median rent of $200.
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