ASKING $700,000

17 & 17A Mulach Street,Cooma NSW 2630

House72
Block size: 1603 m² approx.

UNIQUE DUAL INCOME INVESTMENT OPPORTUNITY

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.
Can I afford this property?

Inspections

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Key Details

Property Type:House
Block Size:1603 (approx)
Stamp Duty:$26,032

Past sales information

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Fergusson Real Estate & Property

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Block information
Block size: 1603 (approx)
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            Cooma Suburb Information

            Median Sale Price For Cooma
            $310,000
            Average Age
            43 years
            Population
            6,664
            Cooma Profile
            Cooma Occupancy

            Contact agents

            Fergusson Real Estate & Property

            Fergusson Real Estate & Property

            View agency details
            Shannon FergussonFergusson Real Estate & Property
            Tina BakerFergusson Real Estate & Property
            Please send me information on 17 & 17A Mulach Street, Cooma NSW 2630
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            This listing has been viewed 182 times. It was first displayed on 27/09/19 and last updated on 27/09/19.