47-49 Princes HighwayCobargo NSW 2550
Property Details for 47-49 Princes Hwy, Cobargo
47-49 Princes Hwy, Cobargo is a 2 bedroom, 1 bathroom Unit. The property has a land size of 1848m2. While the property is not currently for sale or for rent, it was last sold in May 1992.
Last Listing description (October 2015)
LONG ESTABLISHED SUPERMARKET SITUATED RIGHT ON THE BUSY PRINCES HIGHWAY IN COBARGO WITH CORE CUSTOMERS BEING A COMBINATION OF LOCAL RESIDENTS, PASSING TRAFFIC AND LOCAL TOURISTS. EASILY RUN WITH A FULL SCANNING SYSTEM WITH TWO IN-SHOP SCANNING STATIONS WHICH ARE RUN BY A BACK OFFICE COMPUTER. AIR CONDITIONING AND HEATING, AND A BACK UP GENERATOR. THERE IS PLENTY OF OPPORTUNITIES TO GROW THE SALES FOR THIS BUSINESS BY FOCUSING ON CUSTOMER DEMANDS AND NEEDS FOR THE LOCAL AREA. IDEAL FAMILY RUN BUSINESS. PART OF THE IGA BUYING GROUP.
Property History for 47-49 Princes Hwy, Cobargo, NSW 2550
- 22 May 2015Listed for Sale $110,000 PLUS STOCK AT VALUATION
- 25 May 1992Sold for $157,000
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0About Cobargo 2550
The size of Cobargo is approximately 104 square kilometres. It has 5 parks covering nearly 21.6% of total area. The population of Cobargo in 2011 was 637 people. By 2016 the population was 770 showing a population growth of 20.9% in the area during that time. The predominant age group in Cobargo is 60-69 years. Households in Cobargo are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Cobargo work in a community and personal service occupation. In 2011, 73.6% of the homes in Cobargo were owner-occupied compared with 74% in 2016.
Cobargo has 545 properties. Over the last 5 years, Houses in Cobargo have seen a 50.29% increase in median value, while Units have seen a 104.97% increase. As at 31 August 2024:
- The median value for Houses in Cobargo is $573,626 while the median value for Units is $561,872.
- Houses have a median rent of $475.
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