208 Sharp Street, Cooma NSW 2630
208 Sharp Street, Cooma NSW 2630
central Cooma|2023sqm block|dual street access|DA for subdivision|heritage character
This property is distinguished by its exceptionally large central block, dual street access, and existing development approval for subdivision. A rare combination of period charm and redevelopment potential is offered by the early 1900s granite residence, with its heritage character and recent upgrades to the barn and studio, in Cooma’s core. It is best suited to buyers seeking a land-rich site with options, whether as a renovator’s project, a small-scale development opportunity, or a lifestyle holding with room for improvement.
Constraints may be imposed by the heritage controls associated with this property, affecting redevelopment feasibility. The timeline and budget may be influenced by the required renovation. Development appeal may be enhanced by the existing subdivision approval and rear utility connections.
Detailed Independent Property Report prepared by PropCred Analyst team for 208 Sharp Street, Cooma NSW 2630
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Cooma presents as an affordable regional market with a mature demographic profile. Demand is underpinned by investors attracted to strong rental yields and a tight vacancy rate, alongside owner-occupiers seeking value. Recent price growth has been tempered, with sales activity remaining steady but properties taking time to transact. Future performance will hinge on maintaining its rental demand advantage, though constrained stock levels and market velocity present watchpoints for both affordability and liquidity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
3
Parking
-
Land
2023m²
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