12 Soho Street, Cooma, Nsw, 2630

Positioned​ ​in​ ​the​ ​vibrant​ ​heart​ ​of​ ​Cooma,​ ​12​ ​Soho​ ​Street​ ​presents​ ​a​ ​compelling​ ​investment​ ​opportunity​ ​just​ ​a​ ​five-minute​ ​walk​ ​to​ ​the​ ​town​ ​centre.​ ​Set​ ​on​ ​a​ ​substantial​ ​948m²​ ​MU1​ ​Mixed​ ​Use​ ​block,​ ​this​ ​versatile​ ​property​ ​comprises​ ​three​ ​self-contained​ ​units​ ​with​ ​a​ ​total​ ​of​ ​five​ ​bedrooms,​ ​three​ ​bathrooms​ ​and​ ​a​ ​double​ ​garage,​ ​delivering​ ​multiple​ ​income​ ​streams​ ​and​ ​excellent​ ​leasing​ ​flexibility.

The​ ​configuration​ ​is​ ​ideally​ ​suited​ ​to​ ​maximising​ ​returns:
Unit​ ​1​ ​–​ ​A​ ​spacious​ ​two-bedroom,​ ​one-bathroom​ ​residence​ ​complete​ ​with​ ​kitchen,​ ​dining​ ​room​ ​and​ ​sunroom,​ ​providing​ ​comfortable​ ​proportions​ ​and​ ​excellent​ ​tenant​ ​appeal.​ ​Currently​ ​leased​ ​at​ ​$440​ ​per​ ​week​ ​with​ ​a​ ​fixed-term​ ​agreement​ ​in​ ​place​ ​until​ ​8​ ​October​ ​2026,​ ​this​ ​unit​ ​delivers​ ​secure,​ ​long-term​ ​income​ ​from​ ​day​ ​one.

Unit​ ​2​ ​–​ ​A​ ​well-presented​ ​one-bedroom,​ ​one-bathroom​ ​unit​ ​featuring​ ​a​ ​newly​ ​updated​ ​kitchen​ ​and​ ​low-maintenance​ ​layout,​ ​ideally​ ​suited​ ​to​ ​singles​ ​or​ ​couples.​ ​In​ ​the​ ​current​ ​market,​ ​this​ ​unit​ ​is​ ​expected​ ​to​ ​achieve​ ​approximately​ ​$310​ ​per​ ​week,​ ​offering​ ​solid​ ​rental​ ​yield​ ​potential.

Downstairs​ ​Unit​ ​–​ ​Comprising​ ​two​ ​bedrooms,​ ​one​ ​bathroom​ ​and​ ​a​ ​functional​ ​open-plan​ ​kitchen​ ​and​ ​living​ ​area,​ ​this​ ​flexible​ ​space​ ​appeals​ ​to​ ​a​ ​broad​ ​tenant​ ​base.​ ​Currently​ ​vacant​ ​and​ ​advertised​ ​for​ ​lease​ ​at​ ​$350​ ​per​ ​week,​ ​it​ ​presents​ ​an​ ​immediate​ ​opportunity​ ​to​ ​secure​ ​an​ ​additional​ ​income​ ​stream.

With​ ​a​ ​combined​ ​potential​ ​rental​ ​return​ ​of​ ​approximately​ ​$1,100​ ​per​ ​week,​ ​this​ ​property​ ​represents​ ​a​ ​strong-performing​ ​asset​ ​and​ ​an​ ​outstanding​ ​investment​ ​opportunity​ ​with​ ​diversified​ ​income​ ​and​ ​future​ ​growth​ ​appeal.

Spanning​ ​approximately​ ​250m²,​ ​the​ ​building​ ​is​ ​deceptively​ ​spacious​ ​and​ ​well-suited​ ​to​ ​multi-tenancy.​ ​Separate​ ​gas​ ​and​ ​electricity​ ​meters​ ​support​ ​streamlined​ ​management​ ​and​ ​individual​ ​billing,​ ​while​ ​two​ ​new​ ​hot​ ​water​ ​systems​ ​and​ ​natural​ ​gas​ ​heating​ ​enhance​ ​tenant​ ​comfort​ ​and​ ​reduce​ ​future​ ​capital​ ​expenditure.​ ​

The​ ​property​ ​also​ ​includes​ ​a​ ​double​ ​garage​ ​with​ ​workshop​ ​space,​ ​adding​ ​further​ ​rental​ ​appeal​ ​and​ ​storage​ ​options.​ ​Established​ ​raised​ ​vegetable​ ​gardens​ ​and​ ​distinctive​ ​leadlight​ ​features​ ​add​ ​character,​ ​helping​ ​the​ ​property​ ​stand​ ​out​ ​in​ ​the​ ​rental​ ​market.

With​ ​mixed-use​ ​zoning,​ ​central​ ​positioning​ ​and​ ​diversified​ ​accommodation,​ ​12​ ​Soho​ ​Street​ ​represents​ ​a​ ​high-potential​ ​asset​ ​offering​ ​immediate​ ​income​ ​generation​ ​and​ ​long-term​ ​growth​ ​prospects​ ​in​ ​one​ ​of​ ​Cooma’s​ ​most​ ​convenient​ ​locations.

Disclaimer:
All​ ​information​ ​provided​ ​has​ ​been​ ​prepared​ ​with​ ​care​ ​and​ ​is​ ​believed​ ​to​ ​be​ ​accurate​ ​at​ ​the​ ​time​ ​of​ ​publication.​ ​However,​ ​no​ ​warranty​ ​is​ ​given,​ ​and​ ​interested​ ​parties​ ​should​ ​rely​ ​on​ ​their​ ​own​ ​enquiries​ ​to​ ​confirm​ ​the​ ​details​ ​provided.