OFF MARKET

9 Possum Point Road
Tooma NSW 2642

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3004m2
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Property Details for 9 Possum Point Rd, Tooma

Building Type
Commercial
Land Size
3004m2
Local Government
Snowy Valleys
Lot/Plan
6/DP527933

Last Listing description (October 2023)

Constructed in 1877 and established in 1879, the Tooma Inn represents a rare opportunity to enjoy a very comfortable lifestyle on the Western slopes of the fabled Snowy Mountains.
Natural beauty is commonplace in this area, but it is only an approximate 90 mins drive to all the major services of Albury Wodonga (pop 110,000) and Wagga Wagga (70,000). Tooma is close to the renowned Hume and Hovell walking track and Paddys River Falls. This area is particularly popular with campers, cyclists and motorcycle enthusiasts, and on inspection, it is easy to see why.
In addition to the refurbished Public bar, there are extensive indoor and outdoor dining areas, to take advantage of the distinctive seasons that this area offers. Guests are offered 2 refurbished rooms while the proprietor enjoys a well-appointed one-bedroom residence. The Tooma Inn is a large full size Inn with multiple work and living areas, so expect to see a lot more.The 3,180 sq meter block offers a generous yard area with a full size 4 bay shed providing ample storage.

The current owners have been operating the Hotel since 2019, and have made significant improvements to the work and living areas of this property. Maintenance demands are therefore very low. This property offers a very worthwhile inspection.

Property History for 9 Possum Point Rd, Tooma, NSW 2642

A timeline of how this property has performed in the market
Last Sold
$430,000
02 Apr 2019
  • 16 Oct 2023
    Listed for Sale $595,000
  • 27 May 2022
    Listed for Sale Motivated Vendors!
  • 09 Feb 2022
    Listed for Sale Freehold Going Concern - POA
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About Tooma 2642

The size of Tooma is approximately 230.6 square kilometres. It has 4 parks covering nearly 33.1% of total area. The population of Tooma in 2011 was 335 people. By 2016 the population was 105 showing a population decline of 68.7% in the area during that time. The predominant age group in Tooma is 50-59 years. Households in Tooma are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Tooma work in a managers occupation. In 2011, 74.8% of the homes in Tooma were owner-occupied compared with 76.9% in 2016..

Tooma has 82 properties. As at 31 October 2024:

  • The median value for Houses in Tooma is $508,798.
There are currently 1 property listed for sale, and no properties listed for rent in Tooma on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Tooma.

Suburb Insights for Tooma 2642

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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.