House for Sale  •  71 days on Homely
REDUCED $679,000
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UNIQUE DUAL INCOME INVESTMENT OPPORTUNITY

17 & 17A Mulach Street, Cooma, NSW 2630

7 bed2 bath2 car
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.

Property location

Main details

Price:REDUCED $679,000Address:17 & 17A Mulach StreetSuburb:CoomaPost Code:2630Type:HouseBedrooms:7Bathrooms:2Car Spaces:2

Land Details

Area:1603 m²

Additional Features

Living Areas:2Open Spaces:2Toilets:3

Schools in and around Cooma

1.0km from propertyPrimaryPublicNon-Denominational
1.1km from propertyPrimary & SecondaryPrivateCatholic
1.5km from propertyPrimary & SecondaryPrivateChristian
1.7km from propertyPrimaryPublicNon-Denominational
2.0km from propertySecondaryPublicNon-Denominational