$1,300,000

173 Sharp Street, Cooma, NSW 2630


Step into the Commercial Investment Market

Seize the opportunity to own a prime piece of commercial real estate at 173 - 175 Sharp Street, Cooma, NSW, 2630. This substantial property, encompassing 550 square metres, offers a savvy investor a diversified income stream with its existing tenancies, including a bustling dance studio, an established dentist, and a versatile space previously occupied by a physiotherapy clinic complete with treatment rooms.

Currently generating returns of approximately $58,000 per annum, the income potential escalates to an impressive $78,000 when fully tenanted. The large dance studio is a notable feature, boasting a long-standing occupancy and contributing to the property's stable financial performance.

Recently renovated interiors add to the appeal, ensuring a modern and efficient space for businesses to thrive. An additional loft office area provides the option for extra storage or administrative quarters, further enhancing the property's functionality.

Practical off-street parking with two designated spaces and convenient rear access streamline operations for the businesses within. Located just a stone's throw from the heart of Cooma's bustling CBD, this investment promises both high visibility and ease of access for tenants and their clientele alike.

Whether you're looking to expand your portfolio or step into the commercial investment market, 173 - 175 Sharp Street presents an enticing proposition with its blend of secure tenancies and potential for growth. Don't miss out on this exceptional opportunity in the dynamic town of Cooma.

Property Info

Municipality
Cooma
ENQUIRE ABOUT THIS COMMERCIAL PROPERTY