SOLD
Sold on 21 Dec 2023 for $695,000

8 Vale Street
Cooma NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1472m2
Improve this data
Sold By
McGrath Snowy Mountains
Share
Save

Property Details for 8 Vale St, Cooma

8 Vale St, Cooma is a 0 bedroom, 0 bathroom Unit. The property has a land size of 1472m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom Unit sold in Cooma in the last 12 months.

Building Type
Unit
Land Size
1472m2
Local Government
Snowy Monaro Regional
Lot/Plan
8/DP630376

Last Listing description (May 2024)

Commercial investment opportunity boasting a prime location next to Cooma Woolworths, making the site a highly visible position for customers and business owners.
The dual street frontage spanning 1472sqm provides excellent versatility of use, offering plenty of space for parking, deliveries, and expansion opportunities for the occupants.
The building is a solid brick commercial building spanning an impressive 763sqm internally and 460sqm of showroom space, featuring ample space over two levels inside and out, perfect for a wide range of businesses. Currently enjoying a long-term tenancy with a newly signed 5-year lease, this property provides a steady annual gross return of $50k, making it a reliable and promising investment.

This is an opportunity not to be missed, offering an ideal place of business in a highly sought-after location.

Show More

Property History for 8 Vale St, Cooma, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$695,000
21 Dec 2023
  • 21 Dec 2023
    Sold for $695,000
  • 18 Dec 2023
    Listed for Sale Not Disclosed
  • 26 Apr 2015
    Listed for Sale ASKING $610,000

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 51 properties listed for sale, and 21 properties listed for rent in Cooma on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Cooma.

Cooma Profile Page

Suburb Insights for Cooma 2630

Visit Cooma profile page
Market Insights
Cooma Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Cooma Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Cooma profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED