37 Hurley StreetCootamundra NSW 2590
Property Details for 37 Hurley St, Cootamundra
37 Hurley St, Cootamundra is a 1 bedroom, 6 bathroom House. The property has a land size of 4425m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (February 2022)
22 bedroom, double story, solid, double brick building. Originally built as nurses accommodation in the 1940's. This property has previously been used as a restaurant and guesthouse. Commercial kitchen with large dining area plus private dining room. Communal lounge rooms on each level. The main building has 5 showers and 8 toilets.
Adjoining residence contains 4 bedrooms, kitchenette and private bathroom.
Property is serviced by natural gas hot water, natural gas heating and reverse cycle split system air-conditioners.
Excellent investment opportunity with a wide scope for commercial ventures. Coffee shop, restaurant, commercial kitchen and accommodation mean that this property is all set for a wide range of uses. Catered events, wedding receptions or Bed and Breakfast, this property can do it all.
There is a current lease in place until March 2023 with an option for a further 3 years. Investors will enjoy a rental return of $935 per week including GST. The current lease arrangement includes an annual CPI increase.
Property History for 37 Hurley St, Cootamundra, NSW 2590
- 20 Dec 2021Sold for $700,000
- 21 Oct 2021Listed for Sale $700,000 + GST
- 09 Jan 2021Listed for Rent $350 / week
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0About Cootamundra 2590
The size of Cootamundra is approximately 888.4 square kilometres. It has 26 parks covering nearly 2.1% of total area. The population of Cootamundra in 2011 was 6,694 people. By 2016 the population was 6,809 showing a population growth of 1.7% in the area during that time. The predominant age group in Cootamundra is 60-69 years. Households in Cootamundra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cootamundra work in a labourer occupation. In 2011, 73.5% of the homes in Cootamundra were owner-occupied compared with 70.4% in 2016.
Cootamundra has 4,090 properties. Over the last 5 years, Houses in Cootamundra have seen a 96.51% increase in median value, while Units have seen a 34.48% increase. As at 31 December 2024:
- The median value for Houses in Cootamundra is $375,091 while the median value for Units is $366,571.
- Houses have a median rent of $420 while Units have a median rent of $260.
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