69 Commissioner Street, Cooma
| 468 Square metres |
Looking for a commercial property designed to generate income from day one? This established Commissioner Street holding presents an attractive opportunity for investors seeking a low-maintenance asset with an established tenant already in place.
The property is occupied by Cooma Power Equipment, a well-established local business, with a new 1 x 1 x 1 lease commencing in September 2026. With the tenant responsible for 100% of outgoings, the property offers a straightforward investment structure designed to maximise the net return to the owner.
Set on approximately 468sqm of land, the property comprises approximately 380sqm of building area and occupies a prominent position along Commissioner Street within Cooma’s established commercial precinct. The building offers excellent functionality, including two toilets, a dedicated wash bay and roller door access, allowing for easy movement of stock, equipment and vehicles throughout the premises.
Zoned B3 Commercial Core, the property benefits from a location within Cooma’s key commercial and business centre, further strengthening its appeal as a long-term investment holding.
Based on the advertised price guide, the property provides an approximate net return of 6%, presenting an appealing opportunity for buyers seeking an income-producing commercial asset with strong contributions towards its ongoing ownership costs.
Currently privately managed by the owner, this is an opportunity to secure an established commercial investment offering immediate income, full recovery of outgoings, practical commercial improvements and a highly visible position within the Cooma market.
Rates (approx.): $1363.46
Water Rates (approx.): $1575.00 pa plus consumption
Disclaimer: While we have made every effort to ensure the information in this document is accurate and up to date, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own investigations to verify the information provided.