OFF MARKET

6 Geebung Street
Polo Flat NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1133m2
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Property Details for 6 Geebung St, Polo Flat

Building Type
Commercial
Land Size
1133m2
Local Government
Snowy Monaro Regional
Lot/Plan
9/DP800391

Last Listing description (December 2024)

This exceptional industrial property offers a rare opportunity for investors and businesses alike in the thriving Polo Flat industrial precinct of Cooma. Situated on a spacious 1,133m corner block, this 488m building is constructed from brick, ensuring durability and low maintenance. The property features a Blackbutt front door entrance, giving a professional touch to its highly functional design.

Inside, you'll find a well-appointed office space, a full kitchen, a mezzanine area for additional storage or operations, and a high-capacity overhead chain block for handling heavy equipment with ease. The epoxy-coated floors provide durability and a clean, modern appearance. The property is fully equipped with men's and women's bathrooms, disabled access, and a shower for added convenience.

Currently leased until 2026, with an option to extend for another 3 years, this investment provides a solid 7% ROI. The lease is set at $57,800 per annum + GST, with a CPI increase, offering consistent monthly rental income.

Whether you're looking to expand your industrial portfolio or secure a reliable income stream, this property ticks all the boxes. Don't miss this opportunity to invest in one of Cooma's prime industrial areas.

Contact us today for more information!

Property Features
- 10kW solar system
- Oil sump
- 3 phase power
- 100 amp solar inverters and smart meters
- Drive through roller doors
- Brick welding room

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Property History for 6 Geebung St, Polo Flat, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$363,000
30 Jun 2015
  • 11 Nov 2024
    Listed for Sale $825,000
  • 30 Jun 2015
    Sold for $363,000
  • 26 Apr 2014
    Listed for Sale Not Disclosed
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About Polo Flat 2630

The size of Polo Flat is approximately 2.8 square kilometres. It has 1 park covering nearly 5.2% of total area. The population of Polo Flat in 2011 was 12 people. By 2016 the population was 16 showing a population growth of 33.3% in the area during that time. The predominant age group in Polo Flat is 50-59 years. Households in Polo Flat are primarily couples with children and are likely to be repaying $950 - $1199 per month on mortgage repayments. In general, people in Polo Flat work in a clerical occupation. In 2006, 68.5% of the homes in Polo Flat were owner-occupied compared with 66.6% in 2016..

Polo Flat has 116 properties. As at 30 November 2024:

  • The median value for Houses in Polo Flat is $474,060.
There are currently no properties listed for sale, and 1 property listed for rent in Polo flat on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Polo flat.

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