Prime Mixed-Use Property

Positioned in the vibrant heart of Cooma, 12 Soho Street offers exceptional versatility just a five-minute walk from the town centre. Set on a substantial 948m² MU1 Mixed Use block, this unique property comprises three self-contained residences with a total of five bedrooms, three bathrooms, and a double garage, creating a range of possibilities for homeowners, extended families, investors, or those seeking flexible living arrangements.

A standout feature of the property is its adaptability. The two upper-level units can be readily reconfigured into one larger residence, creating a spacious family home while retaining the self-contained downstairs accommodation. This flexible design allows buyers to tailor the property to their needs, whether that's accommodating multiple generations, creating guest quarters, working from home, or generating supplementary income.

The current configuration includes:

Unit 1 – A spacious two-bedroom, one-bathroom residence complete with a kitchen, dining room, and sunroom. This comfortable home is currently leased at $440 per week with a fixed-term agreement in place until 8 October 2026.

Unit 2 – A well-presented one-bedroom, one-bathroom unit featuring a recently updated kitchen and low-maintenance layout. In the current market, this unit is expected to achieve approximately $310 per week.

Downstairs Unit – Comprising two bedrooms, one bathroom, and a functional open-plan kitchen and living area, this self-contained residence is currently leased at $350 per week with a fixed-term agreement in place until 25 March 2027.

For those considering the property as an investment, the current and potential rental returns offer an attractive income stream, while owner-occupiers can appreciate the flexibility to occupy part of the property while benefiting from rental income from the remaining accommodation.

Spanning approximately 250m², the building is deceptively spacious and well-suited to a variety of living arrangements. Separate gas and electricity metres provide convenience and flexibility, while three new hot water systems and natural gas heating enhance comfort throughout the year.

The property also features a double garage with workshop space, offering ample storage, parking, or hobby space. Established raised vegetable gardens and charming leadlight features add character and warmth, helping create a home that feels both practical and inviting.

With mixed-use zoning, generous land size, and a highly convenient location within walking distance of Cooma's shops, cafés, schools, and services, 12 Soho Street presents a rare opportunity to secure a property that can evolve with your lifestyle. Whether you're looking for a spacious family home, accommodation for extended family, an income-producing property, or a combination of all three, this unique address offers exceptional flexibility and future potential.

Rates (approx.): $2154.19 pa
Water Rates (approx.): $2940 pa

Disclaimer:
All information provided has been prepared with care and is believed to be accurate at the time of publication. However, no warranty is given, and interested parties should rely on their own enquiries to confirm the details provided.