18 Kerwan StreetCooma NSW 2630
Property Details for 18 Kerwan St, Cooma
18 Kerwan St, Cooma is a 18 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 2026m2.
Last Listing description (March 2023)
For sale for the first time in many years, this unit complex located in a great Cooma position provides an extremely hard to find multi-income investment opportunity. Strata titled, but owned in one line, the current owner is ready to retire and do other things.
The complex offers 2 blocks of 4 units, each complex with a communal laundry and plenty of off-street parking on the 2,026 sqm parcel of land.
Features include;
* Fully tenanted and returning approx $130,000 per annum gross. With potential to increase. Outgoings equate to approx $33,000 per annum
* All units present in good condition, with majority benefiting from recent upgrades
* Strata Titled and entirely owned by current owner. Opportunity to potentially sell units individually in the future which provides great versatility.
* Conveniently located, and in a sought-after area of Cooma
Property History for 18 Kerwan St, Cooma, NSW 2630
- 12 Jan 2023Listed for Sale GUIDE $1.8m - $2.2m
- 06 Sep 2016Listed for Sale Contact Agent
- 15 Dec 2015Listed for Rent - Price not available
Recent sales nearby
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0About Cooma 2630
The size of Cooma is approximately 97.8 square kilometres. It has 16 parks covering nearly 4.2% of total area. The population of Cooma in 2016 was 6681 people. By 2021 the population was 6715 showing a population growth of 0.5% in the area during that time. The predominant age group in Cooma is 30-39 years. Households in Cooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooma work in a professional occupation.In 2021, 67.20% of the homes in Cooma were owner-occupied compared with 64.50% in 2016.
Cooma has 4,027 properties. Over the last 5 years, Houses in Cooma have seen a 57.41% increase in median value, while Units have seen a 160.67% increase. As at 31 October 2025:
- The median value for Houses in Cooma is $501,550 while the median value for Units is $591,931.
- Houses have a median rent of $470 while Units have a median rent of $380.
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