84-86 Vale Street, Cooma NSW 2630

Well positioned in Cooma's busy CBD, this one-of-a-kind mixed residential and commercial opportunity provides a versatile income for the straight investor, or an opportunity for a business owner to generate a passive income while occupying one space.
Beautifully presented, the early 1900's buildings give a beautiful first impression, and upon entry to the private courtyard you will see how this is a one of a kind in Cooma. The vibrant and shady courtyard currently services the outdoor seating for the popular Courtyard Cafe. Other tenancies include a solicitor's offices and upstairs is the most stylishly presented and renovated 1- or 2-bedroom unit with corporate tenant.
This complex offers good versatility of income for the investor, and attractive returns at our advertised guide of 6.25% net.

- Well located in Vale Street, with beautiful street appeal
- An attractive location for tenants
- Excellent variety of income from diverse tenancies
- 2 x long term Commercial leases with leases in place plus long residential lease.
- Income generated per annum is $61,464 gross, while net income = $53,064 after fixed costs are accounted for
- ROI based on agents advertised guide @ $850,000 shows 6.25% net