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73 Polo Flat Road, Cooma NSW 2630

$1,500,000

Search Band Search Visibility Band

$1.5M - $1.6M High Confidence Calculated based on strong search observations.

House 1 Bed 1 Bath 2.72 acres 1350 m²

Listed: 14 days ago

Overview

Positioned within the Snowy Mountains industrial precinct, this property offers a rare combination of significant land size and substantial building area, ideally suited for an investor seeking stable income and long-term land value appreciation.

Spanning approximately 11,000 square metres, the expansive grounds provide not only room for current operational activities but future adaptability. The 1,350 square metre building footprint supports a range of commercial or industrial uses, reflecting the property's versatile industrial zoning.

Currently tenanted by a major local infrastructure contractor for about four years, the property generates a secure and noteworthy net annual income nearing $95,000, yielding approximately 7.0%. This income consistency underscores the asset’s appeal for investors who prioritize established returns alongside capital growth potential.

The property's well-established improvements and considerable yard space accommodate both storage and operational requirements, which could appeal to businesses requiring large-scale facility operations with room to expand or customize.

Ideal for investors targeting industrial market exposure, the site’s strategic location, and zoning status reinforces its suitability for ongoing commercial or industrial development within a growing region.

Local Market Insights

In Cooma, Quiet Listings observed 12 new houses entering the market over the last 30 days, down from 14 during the previous 30-day period, with an average advertised asking price of $1,330,000. The property type mix of listed properties is predominantly Houses at 80%, followed by land (7%), and townhouses (7%). The most active agency for houses in the Cooma area is currently McGrath Estate Agents, representing 50% of new listings, followed by Ray White with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.