$1,500,000

155 Sharp Street, Cooma, NSW 2630

Historic Cooma Building

The Westpac Bank building and four-bedroom residence.
The historic building is a landmark in central Cooma C.B.D and cannot be missed boasting a prominent corner position. Westpac has been in residence for decades. Previously the Bank of NSW the building has been occupied since 1914.

The bank area is approx. 310sqm comprises a reception and service area, 3 interview rooms, 2 offices, a kitchen, two toilet rooms, and storage. A relatively new air conditioning system has recently been upgraded and refurbished.

The residence is on two levels. Above the bank is a residence that features four bedrooms with 3.1m high, ornate ceilings, wide skirtings, thick cedar doors with original charming brass fittings, period windows, and a fireplace.

Downstairs is a spacious living room, dining room, kitchen, and laundry, and a brick single garage.

Lease details,

Westpac - Lease - expires 20/12/25 with 3-year Option

Rent - $59,619.00 PA plus G.S.T. Annual indexed adjustments.

Outgoings - Westpac pays 60% of outgoings.

Residence - Rent -$15,600 0 PA (No G.S.T)

Note - The residential tenants wish to stay long-term.

Combined Gross Rent - $75,219.00 PA