Nestled within the heart of Cooma on the bustling 208 Sharp Street stands a historical gem awaiting its next visionary owner. With a substantial land size of 2023 square metres, this pre-1900s stone residence offers a unique investment opportunity that blends rich heritage with boundless potential.
The property currently houses three separate units, two of which are already generating income with reliable tenants. Investors will appreciate the immediate cash flow as they envision the future of this majestic home. The opportunity to restore the residence to its original grandeur is palpable, or one might choose to continue with the cleverly designed renovations that promise to elevate its charm and functionality.
At the rear of the property lies an original barn graced with a new roof, a nod to the estate's rustic past. With approved plans to subdivide into two lots, this feature becomes a significant asset. The back lot, complete with all services, including the barn, has received the green light for further renovations, opening a pathway for increased value and versatility.
The property's street appeal is undeniable, with striking granite retaining and boundary walls framing the scene. The allure of its architecture promises to capture the attention of passers-by and investors alike.
Beneath the house, a network of rooms offers a blank canvas for the imagination, perfect for the creative renovator looking to tailor the space to specific desires or requirements.
This remarkable offering on Sharp Street is not just a home but a piece of Cooma's history and a rare opportunity for the astute investor or dedicated renovator to craft something truly extraordinary.