Presenting an outstanding opportunity for the astute investor, this mixed-use parcel of land offers exceptional potential for both retail and residential development. Ideally positioned on the corner of Sharp Street and Soho Street, the block enjoys high visibility and convenience, just a short walk from Cooma's CBD.Zoned for general residential zoning on fringe of B3 Business Zone, the property provides excellent flexibility. With an approved DA for commercial development and concept plans for combined commercial and residential premises, this 669m corner lot is well-suited for those seeking to capitalise on its prime position and strong future growth prospects.Property Features- 669sqm corner block- Prominent and highly visible location- Walking distance to Cooma CBD- General residential zoning on fringe of B3 Business Zone- Approved DA for commercial use- Concept plans for mixed commercial and residential developmentDisclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture, and descriptions.
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 4,032 properties. Over the last 5 years, Houses in Cooma have seen a 35.64% increase in median value, while Units have seen a 135.85% increase. As at 28 February 2026:
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