SOLD
Sold on 22 Nov 2023 for $350,000

53 Vale Street
Cooma NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 139m2
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Property Details for 53 Vale St, Cooma

Building Type
Commercial
Land Size
139m2
Local Government
Snowy Monaro Regional
Lot/Plan
1/DP25225

Last Listing description (January 2024)

Introducing an exceptional investment opportunity in the heart of Cooma's bustling CBD. Situated at 53 Vale Street, Cooma, NSW, this commercial property offers an impressive land size of 139 square metres, ample parking with two designated spaces, and a prime location in a busy, high-traffic area. This well-maintained property is an absolute must-see for savvy investors seeking solid returns and long-term growth potential.

Featuring a versatile showroom, a spacious treatment room, and a dedicated staff room, this commercial space has been thoughtfully designed to cater to a variety of business needs. With rear access and a long-term, reliable tenant already in place, this investment property guarantees consistent returns, making it an attractive option for those looking to expand their portfolio.

One of the key selling points of this fantastic commercial property is its prime location. Nestled within Cooma's main CBD, this property boasts excellent exposure and footfall, ensuring maximum visibility for your tenant's business. The bustling, busy location of this investment property guarantees a steady stream of customers and clients, contributing to the property's overall profitability and success.

Don't miss out on this fantastic opportunity to secure a prime piece of Cooma real estate with strong returns and exceptional growth potential. To learn more about 53 Vale Street, Cooma, NSW, 2630, and arrange a private inspection, please get in touch with us today.

Property History for 53 Vale St, Cooma, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$350,000
22 Nov 2023
  • 22 Nov 2023
    Sold for $350,000
  • 17 Oct 2023
    Listed for Sale Not Disclosed
  • 24 Sep 1999
    Sold for $75,000

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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, 174 properties were sold in the past 12 months in Cooma.

Suburb Insights for Cooma 2630

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Contact agent
Craig Schofield
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One Agency Craig Schofield
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.