47 Vale StreetCooma NSW 2630
Property Details for 47 Vale St, Cooma
47 Vale St, Cooma is a 1 bedroom, 1 bathroom House. The property has a land size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom House sold in Cooma in the last 12 months.
Last Listing description (March 2024)
Are you an investor seeking a golden opportunity in a thriving market? Look no further than this commercial property in the bustling heart of Cooma. With a long-term tenant in place, this low-maintenance property offers great returns for savvy investors.
Key Features:
- Prime location in the CBD of Cooma, ensuring high visibility and foot traffic.
- Modern and chic interior featuring high ceilings adorned with charming pressed metal detailing.
- Reverse cycle air conditioning.
- The property is equipped with a 5kw solar system for eco-friendly and cost-reductive operations.
Don't miss out on this incredible opportunity! The property is currently leased with an additional 5 year extension option. delivering an impressive return on investment of over 7%.
Property History for 47 Vale St, Cooma, NSW 2630
- 29 Nov 2023Sold for $250,000
- 30 Oct 2023Listed for Sale Not Disclosed
- 04 May 2017Sold for $158,000
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0About Cooma 2630
The size of Cooma is approximately 97.8 square kilometres. It has 16 parks covering nearly 4.2% of total area. The population of Cooma in 2011 was 6,664 people. By 2016 the population was 6,681 showing a population growth of 0.3% in the area during that time. The predominant age group in Cooma is 50-59 years. Households in Cooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooma work in a professional occupation. In 2011, 67.5% of the homes in Cooma were owner-occupied compared with 64.5% in 2016.
Cooma has 4,011 properties. Over the last 5 years, Houses in Cooma have seen a 74.88% increase in median value, while Units have seen a 25.02% increase. As at 31 October 2024:
- The median value for Houses in Cooma is $493,998 while the median value for Units is $443,324.
- Houses have a median rent of $495 while Units have a median rent of $350.
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