Prime Mixed-Use Investment with Strong Returns

Positioned in the vibrant heart of Cooma, 12 Soho Street presents a compelling investment opportunity just a five-minute walk to the town centre. Set on a substantial 948m² MU1 Mixed Use block, this versatile property comprises three self-contained units with a total of five bedrooms, three bathrooms and a double garage, delivering multiple income streams and excellent leasing flexibility.

The configuration is ideally suited to maximising returns:
Unit 1 – A spacious two-bedroom, one-bathroom residence complete with kitchen, dining room and sunroom, providing comfortable proportions and excellent tenant appeal. Currently leased at $440 per week with a fixed-term agreement in place until 8 October 2026, this unit delivers secure, long-term income from day one.

Unit 2 – A well-presented one-bedroom, one-bathroom unit featuring a newly updated kitchen and low-maintenance layout, ideally suited to singles or couples. In the current market, this unit is expected to achieve approximately $310 per week, offering solid rental yield potential.

Downstairs Unit – Comprising two bedrooms, one bathroom and a functional open-plan kitchen and living area, this flexible space appeals to a broad tenant base. Currently vacant and advertised for lease at $350 per week, it presents an immediate opportunity to secure an additional income stream.

With a combined potential rental return of approximately $1,100 per week, this property represents a strong-performing asset and an outstanding investment opportunity with diversified income and future growth appeal.

Spanning approximately 250m², the building is deceptively spacious and well-suited to multi-tenancy. Separate gas and electricity meters support streamlined management and individual billing, while two new hot water systems and natural gas heating enhance tenant comfort and reduce future capital expenditure.

The property also includes a double garage with workshop space, adding further rental appeal and storage options. Established raised vegetable gardens and distinctive leadlight features add character, helping the property stand out in the rental market.

With mixed-use zoning, central positioning and diversified accommodation, 12 Soho Street represents a high-potential asset offering immediate income generation and long-term growth prospects in one of Cooma’s most convenient locations.

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.