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Approved Eco Development - Greendale Road, Cooma$650,000
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Approved Eco Development - Greendale Road

Cooma, NSW 2630, Australia
$650,000
6.88 ha

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About this property

A unique opportunity to develop an ECO Tourist development in the Snowy Mountains, adjacent to the popular 'Mt Gladstone Mountain Bike Park' Just 5km from the capital of the Snowy Mountains, Cooma, and just over an hour to the Ski Resorts at Thredbo & Preisher. DA Approved for 9 x Eco Cabins, sitting on 17acres of well elevated and scenic land that captures one of the better Northerly views over the Monaro and beyond Cooma. Each Cabin has been positioned to provide as much privacy as possible amongst the native mature gum trees, as well as ensuring these big Northerly views and aspect. A fantastic opportunity for those looking to develop and tap into the massive tourism market of the Snowy Mountains, Mt Gladstone Moutain Bike park and the increasingly under pressure accommodation situation of Cooma given significant government infrastructure projects and tight rental markets.

Property Details

Property Type
house
Listing Type
For Sale
Land Area
6.88 ha
Listed
3 months ago

Repayment calculator

$3,151/month
$1,576 /fortnight
Loan $520,000 at 6.10% over 30 years

Upfront costs

Deposit$130,000
Stamp duty$19,904
Conveyancing (est.)$2,000
Total upfront$151,904
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Cooma

This house in Cooma, NSW 2630 sits within reach of public transport, local shops and nearby schools. It is listed 2% above the $640,000 median of 64 comparable houseswithin 5 km.

Schools near Cooma

  • The Alpine Schoolcombined · K-11 · CoEd
  • Cooma Public Schoolprimary · K-6 · CoEd
  • St Patrick's Parish School, Primary Campusprimary
  • The Alpine School Secondary Campussecondary

What's nearby

  • Bombala St Opp Centennial Park (bus)49 m away
  • Derek Courtis Jewellery826 m away
  • Unnamed1.2 km away
  • Baroona Avenue Park1.3 km away
  • Cooma North Shopping Centre Park1.7 km away

Cooma at a glance

Full suburb profile
Population
6,715
Median age
44
Household income
$1,374/wk
Median rent
$290/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Cooma price trend

Median sold · House 3 bed

Compound growth +3.5% / yr over 4 yrs

$505kcurrent median

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Price history

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1 price change recorded for this property

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