84 Cowabbie StreetCoolamon NSW 2701
Property Details for 84 Cowabbie St, Coolamon
Last Listing description (October 2023)
Under instructions from Barry Kogan and Katherine Sozou as Receivers and Managers, Colliers is excited to present For Sale 84 Cowabbie Street, Coolamon. Forming part of The Petroleum Portfolio, a rare and unique collection of strategically located service station investments, developments and operational opportunities across the East Coast of Australia.
This property represents a secure investment in a prime regional location and offers the following key investment highlights:
Strategic 3,151m* corner site
Fuel infrastructure (3 bowsers & 7 pumps) and auto service
Attractive 10 year lease with options
Passing income of $102,840* per annum with fixed rental growth
The Petroleum Portfolio is offered For Sale in-one-line or individually via Expressions of Interest closing Wednesday 8 November at 3pm (AEDT).
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
*approx
Property History for 84 Cowabbie St, Coolamon, NSW 2701
- 07 May 2024Sold for $1,200,000
- 09 Oct 2023Listed for Sale Please contact agent
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0About Coolamon 2701
The size of Coolamon is approximately 297.2 square kilometres. It has 4 parks covering nearly 4.2% of total area. The population of Coolamon in 2011 was 2,128 people. By 2016 the population was 2,208 showing a population growth of 3.8% in the area during that time. The predominant age group in Coolamon is 0-9 years. Households in Coolamon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolamon work in a professional occupation. In 2011, 78.4% of the homes in Coolamon were owner-occupied compared with 75% in 2016.
Coolamon has 1,387 properties. Over the last 5 years, Houses in Coolamon have seen a 97.52% increase in median value. As at 30 November 2024:
- The median value for Houses in Coolamon is $417,474 while the median value for Units is $417,334.
- Houses have a median rent of $420.
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