OFF MARKET

22-28 Cobram Street
Tocumwal NSW 2714

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5040m2
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Property Details for 22-28 Cobram St, Tocumwal

22-28 Cobram St, Tocumwal is a 0 bedroom, 0 bathroom House. The property has a land size of 5040m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Land Size
5040m2
Local Government
Berrigan
Lot/Plan
144/DP752296

Last Listing description (May 2023)

EXCLUSIVE TO MHB

Impeccably presented NSW freehold motel with enormous potential!

Greenways Holiday Units, an idyllic tranquil setting with scope to develop or sustain various accommodation letting options.


Currently and historically operating very successfully as short term holiday units, this property and business has only changed hands 3 times in 25 years and it is easy to see why.

Offering an enviable work / life balance, this (approx.) 5,026m2 lush parcel of land is priced to sell from a land component alone.

Boasting 4 x 2 bedroom units and 5 x 1 bedroom unit options as well as a modern 3 x bedroom cabin that feels every bit a home.

Adjacent to the Tocumwal Golf Club, the property also features an in-ground salt-water swimming pool, undercover BBQ area, guest laundry, large 3 x bay powered shed, ample parking, 40 x 10kw solar panels and bore water for the beautifully maintained and landscaped grounds and gardens.

A separate and very private stylish 3 x bedroom family residence with private yard completes this outstanding business and property.

Key Features:

* 9 x units + a 1 x 3 bedroom cabin
* 3 x bedroom family residence with private yard and garaging
* Situated upon (approx.) 5,026 m2 of RU5 - Village Zoned land
* Adjacent to the entry of the Tocumwal Golf Club
* Minimal online reservation presence - opportunity to develop this further
* Potential to fully automate remote management
* Ideal semi-passive / semiretirement business model
* Robust tourism location

This outstanding opportunity will not last long with the massive demand currently across the accommodation sector.

Perfect for an operator seeking a passive work / life balance, this property is a must to inspect.

Contact Dan McDonald at MHB direct on 0437 838 368 to discuss all this property has to offer!

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Property History for 22-28 Cobram St, Tocumwal, NSW 2714

A timeline of how this property has performed in the market
Last Sold
$887,000
11 Apr 2023
  • 11 Apr 2023
    Sold for $887,000
  • 18 Jan 2023
    Listed for Sale Freehold Going Concern $1,350,000
  • 20 Jun 2014
    Sold for $440,000
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About Tocumwal 2714

The size of Tocumwal is approximately 389.5 square kilometres. It has 12 parks covering nearly 2% of total area. The population of Tocumwal in 2011 was 2,383 people. By 2016 the population was 2,673 showing a population growth of 12.2% in the area during that time. The predominant age group in Tocumwal is 60-69 years. Households in Tocumwal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tocumwal work in a managers occupation. In 2011, 73.2% of the homes in Tocumwal were owner-occupied compared with 73.8% in 2016.

Tocumwal has 2,215 properties. Over the last 5 years, Houses in Tocumwal have seen a 65.88% increase in median value, while Units have seen a 65.97% increase. As at 28 February 2025:

  • The median value for Houses in Tocumwal is $484,150 while the median value for Units is $292,793.
  • Houses have a median rent of $420 while Units have a median rent of $323.
There are currently 76 properties listed for sale, and 5 properties listed for rent in Tocumwal on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Tocumwal.

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