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Back 28 Mittagang Rd
Off Market

28 Mittagang Rd

Cooma NSW 2630

38
21
28
6123 m²
Block of units
Luke TozerLuke Tozer, last sold this property on 10 July 2026 after -6 days on market.

Overview

One of Cooma's Largest Freehold Unit Complexes A Rare Opportunity

Opportunities of this scale are few and far between. This substantial freehold unit complex, one of the largest in Cooma, is now available and presents a truly unique chance for investors to secure a powerhouse property with strong returns and further potential to unlock. A testament to clever management and a consistent development, the property has enjoyed a long and successful rental history. Currently comprising 20 units, the complex is income-generating with 16 units leased. With some works, the remaining four units could be brought online to significantly increase returns. The complex includes: 16 units currently leased 6 units with scope for refurbishment and rental A modern 7-bay Colorbond garage block An older timber 7-bay garage block Two parking lots With an annual income currently of just over $269,000pa, this property presents a net 6.4% ROI-with the clear potential to push this figure higher once the remaining units are activated. Perfectly positioned in Cooma, this property represents a secure, large-scale investment with multiple rental income streams and future growth opportunities.

Features

38 bedrooms
21 bathrooms
28 carspaces
6123 m² lot size
Block of units

Estimated Value

We need at least 3 similar 38 bedroom block of units sold in Cooma over the last 12 months.

Property history for 28 Mittagang Rd

2026
Sold
Undisclosed
Private Sale/Treaty on 10 Jul 2026 by Luke Tozer, of McGrath Snowy Mountains
2019
Rented
Undisclosed
Leased on 19 Mar 2019 by McGrath Snowy Mountains

Happy sellers in Cooma

93%
93% of sellers in Cooma reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in Cooma over the last 12 months.

Local market activity for 38 bedroom block of units in Cooma

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cooma

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Kelly Bertossi

Kelly Bertossi is an award winning recommended agent for Cooma.  They have 42 local sales and collected 23 local reviews across the last 12 months.

  •   4.9   (316 reviews)
  •  23 Reviews in Cooma
  •  42 Sales in Cooma
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Amanda Anderson

Amanda Anderson is a recommended agent for Cooma.  They have 6 local sales and collected 13 local reviews across the last 12 months.

  •   5   (94 reviews)
  •  13 Reviews in Cooma
  •  6 Sales in Cooma
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Jodi Alexander

Jodi Alexander is a recommended agent for Cooma.  They have 28 local sales and collected 5 local reviews across the last 12 months.

  •   5   (8 reviews)
  •  5 Reviews in Cooma
  •  28 Sales in Cooma
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Craig Schofield

Sellers who recommend Craig Schofield have praised them for being clear communication, local expert, responsive, reliable, supportive, honest and friendly

  •   4.9   (161 reviews)
  •  1 Review in Cooma
  •  1 Sale in Cooma
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