SOLD
Sold on 28 Mar 2024 for $2,700,000

77 Polo Flat Road
Polo Flat NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11360m2
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Property Details for 77 Polo Flat Rd, Polo Flat

Building Type
Commercial
Land Size
11360m2
Local Government
Snowy Monaro Regional
Lot/Plan
11/DP1072335

Last Listing description (November 2023)

A unique opportunity to purchase an extremely well established local, family owned business operating for many decades servicing the Monaro and Mountains well!
To be sold as two contracts, business showing an annual revenue stream of approx. $2.5 - $3 million + p.a.
The sale of business includes however not limited to 7 trucks, 3 forklifts, 1 loader, skip bins ranging in size from 2m3 to 33m3, cardboard processor, recycling sorting conveyor and much more.

Free hold property 77 Polo Flat Road, Cooma NSW 2630, approx. 1.13 hectares, fully fenced with all necessary approvals in place to operate the above business.
Fully equipped recycling facility, 1,537m2 shed approx. 10 years old. Adjoining double brick office complex, reception, staff kitchen/smoko room, admin office, board room, 3 x WC plus separate shower.
Heated or cooled via air conditioning system.
Second shed also with concrete floor dating back to the Snowy era (approx. 1950s) currently used for garaging as well as storage, totalling some 1,429m2.

Agents Comments:
The sale of Burchalls Waste & Recycling presents an outstanding opportunity to purchase a thriving business that has shown continuous growth. The property 77 Polo Flat Road, Cooma forms an integral part of the business and is fully equipped to handle the current turnover of recycling materials with ease and allows plenty of room for expansion should the new proprietors wish to expand the current business further.

Details are available from the exclusive agents only.

Property and business are for genuine sale by tender as vendors are wishing to retire!

To book an inspection please contact KMPL.

Tenders Closed.

Property History for 77 Polo Flat Rd, Polo Flat, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$2,700,000
28 Mar 2024
  • 28 Mar 2024
    Sold for $2,700,000
  • 21 Sep 2023
    Listed for Sale Under Offer Tenders Closed
  • 13 Jul 2023
    Sold

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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 31 October 2024:

  • The median value for Houses in Polo Flat is $478,450.
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.

Suburb Insights for Polo Flat 2630

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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.