OFF MARKET

5 Binalong Street
Cooma NSW 2630

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 506m2
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Last updated 16 Sep 2024
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Property Details for 5 Binalong St, Cooma

5 Binalong St, Cooma is a 1 bedroom, 1 bathroom Unit. The property has a land size of 506m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Land Size
506m2
Local Government
Snowy Monaro Regional
Lot/Plan
455/DP209290

Last Listing description (March 2024)

Are you looking for an inviting and friendly business to call your own? Look no further, UpNorth Cafe is a well known and established local Cafe.

This well known and family-owned caf? has been in operation for 2 years and is ready for the next owner to take over and run, as is with no hassles involved.

Step inside to a cozy and warm atmosphere, a fresh aroma of coffee in the air, and a place where locals gather for a delicious treat and heartwarming conversations.

Great features include-


* Valued and loyal clients that attend the caf? regularly
* A park situated right outside the door that the kids and families can enjoy
* Situated in a desirable location near a number of local schools and business's
* A functional and good size kitchen with large sink and kitchen equipment
* Tasty menu featuring freshly baked goods and the only sushi in town
* A large shipping container out back for use of equipment and stock
* Car park located at rear of Cafe
* With consistent returns and room for revenue streams, the possibilities here are endless.

Are you ready to make your mark in the world of hospitality, please
contact me today for more information or to arrange an inspection.

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Property History for 5 Binalong St, Cooma, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$172,000
19 May 2020
  • 18 Dec 2023
    Listed for Sale Not Disclosed
  • 19 May 2020
    Sold for $172,000
  • 06 Oct 2006
    Sold for $85,000
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About 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 4,018 properties. Over the last 5 years, Houses in Cooma have seen a 85.11% increase in median value, while Units have seen a 33.21% increase. As at 31 August 2024:

  • The median value for Houses in Cooma is $511,677 while the median value for Units is $460,493.
  • Houses have a median rent of $500 while Units have a median rent of $320.
There are currently 52 properties listed for sale, and 22 properties listed for rent in Cooma on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Cooma.

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