Located within a short distance via walking tracks to Cooma's main CBD this dual income property is a very rare type of property in Cooma. Situated on a 1,603 sqm parcel of land sits 2 full size homes with plenty of space to move without the feeling of being on top of each other.
The original home is a spacious double brick home estimated to have been built in the 60's and offers sizable living and 3 spacious bedrooms. this property is currently tenanted. The other dwelling is just 3 years old and offers 4 bedrooms with modern fixtures and fittings. This property is currently empty as it was occupied by the previous owner, but would be a very suitable rental property in this tight rental market.
FEATURES INCLUDE: * 2 full size homes both on spacious areas of land. Possible to subdivide. * Estimated returns in the current market around 5% gross * The rear house is a solid 3 bed double brick home. Neat and tidy, dated in places but all in great condition. With ducted natural gas heating * The front house is 3 years old and modern throughout also with ducted gas heating * Located in a convenient town location * A great opportunity to live in one and rent out the other property.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.