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153 Sutton Street

Cootamundra NSW 2590

4
3
3
1012 m²
House
Currently for sale - view listing

Overview

Triple Income Opportunity Residential & Commercial Investment

Flemings Cootamundra is pleased to present 153 Sutton Street, Cootamundra, to the market for sale. Offering three distinct income streams within the one property, this versatile investment presents an outstanding opportunity for investors seeking strong returns with further potential for rental growth.Comprising a fully renovated three-bedroom residence, a modernised one-bedroom unit and a fully equipped commercial premises, each component benefits from separate access, providing flexibility and independence for occupants. Main residence features include: - Three well sized bedrooms - Fully renovated kitchen with ample bench space - Spacious open plan living dining area - Evaporative cooling and gas heating throughout - Main bathroom with shower, toilet and vanity - Updated laundry and second separate toilet - Study/office nook with built in bench - Covered patio area, and lock up garage - Water and electricity separately metered - Currently returning $400pw to excellent tenant - Market rent $480pw "as is" Unit features include: - Good sized main bedroom - Separate living area - Quality kitchen with breakfast nook - Split system for heating and cooling - Main bathroom with shower, toilet and vanity - Private garden area and storage shed - Water and electricity separately metered - Currently returning $200pw from an immaculate tenant of over 5 years - Market rent $300pw "as is" Commercial premises features include: - Suitable for a café, takeaway shop, butchery or similar business (STCA**) - Prominent street frontage to well trafficked road - One walk-in coolroom - One walk-in freezer - Two access points offering the potential to split the premises into two shop fronts - Multiple split systems for heating and cooling - Solar system installed for energy efficiency - Water and electricity separately metered - Market rent $500pw "as is" The property is currently returning $31,284* per annum gross from the two residential tenancies, with a combined potential market return across all three components of approximately $66,739* per annum gross. Whether you're looking to capitalise on three separate rental streams, operate a business while generating additional residential income, or explore future conversion opportunities, this property provides exceptional versatility and income potential. Contact Flemings Cootamundra today to arrange an inspection! *= Approximately **= Subject to Council Approval All information contained here is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Features

4 bedrooms
3 bathrooms
3 carspaces
1012 m² lot size
House

Happy sellers in Cootamundra

70%
70% of sellers in Cootamundra reported that their sale price either exceeded or met their price expectations.

Cootamundra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Cootamundra over the last 12 months.

Local market activity for 4 bedroom houses in Cootamundra

In the last 12 months, 37 four-bedroom houses similar to 153 Sutton Street, have been sold.

This represents a 23% decrease in four-bedroom houses sales when compared to the previous 12 months.

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