6 Vale St, Cooma is a 8 bedroom, 4 bathroom Unit. The property has a land size of 939m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 8 bedroom Unit sold in Cooma in the last 12 months.
An outstanding opportunity for investors, this fully updated and fully furnished complex of four two-bedroom units is ideally located in the heart of Cooma and offers an impressive 8% return on investment. Each unit has been modernised, featuring light-filled living spaces, reverse-cycle air conditioning, electric heating throughout, and internal laundries for added convenience.With a rental of $480 - $520 per week per unit, this low-maintenance property provides excellent income and long-term growth potential. Just moments from shops, cafs, schools, and local amenities, it's the perfect set-and-forget investment in a thriving regional market. The property also offers future development potential at the rear (facing Amos Street), with E2 Commercial Centre zoning and approximately 400sqm of undeveloped land (STCA).Property features- 938sqm block with dual street frontage- Four x 2-bedroom, 1-bathroom units- Sold fully furnished- Updated interiors throughout- Reverse cycle air conditioning- Electric heating throughout- Internal laundries- Central Cooma location, close to amenities- Off-street parking- Rental return approx. $26,000 per annum per unit- Approx. 8% return on investment- Prime central Cooma location, close to all amenities- Zoning: E2 Commercial Centre with approx. 400sqm of undeveloped land (STCA)Disclaimer: 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 4,026 properties. Over the last 5 years, Houses in Cooma have seen a 37.85% increase in median value, while Units have seen a 146.52% increase. As at 31 March 2026:
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