8 Yulin Avenue
Cooma, NSW 2630

Overview

8 Yulin Avenue, CoomaGuide NSW 2630

This exceptional freehold residential complex at 8 Yulin Avenue offers a rare investment opportunity for those seeking a high-performing asset with strong income and minimal maintenance. Completed in December 2021, the near-new complex consists of 13 well-designed units all held on a single title, eliminating strata fees and simplifying ownership.

The property features a diverse configuration of units, including ten 1-bedroom, 1-bathroom units, one 2-bedroom, 1-bathroom unit, one 2-bedroom, 2-bathroom unit, and one 3-bedroom, 2-bathroom unit currently operated as short-term accommodation. This variety provides multiple income streams and appeals to a broad tenant base.

Each unit is thoughtfully appointed with modern finishes such as gas cooking, gas hot water systems, reverse-cycle air conditioning, stone benchtops, and individual laundry facilities. The units also benefit from well-sized private courtyards, enhancing the living experience with outdoor space. Parking is ample, with most spaces undercover, providing convenience and protection for residents' vehicles.

The complex's low-maintenance construction ensures minimal upkeep, making it an ideal turnkey investment. Investors can take advantage of strong depreciation benefits and enjoy an attractive net yield of approximately 7.78%, reflecting the property's solid performance and income potential.

Property Overview:

• Total dwellings: 13 units
• 10 x 1 bedroom / 1 bathroom units
• 1 x 2 bedroom / 1 bathroom unit
• 1 x 2 bedroom / 2 bathroom unit
• 1 x 3 bedroom / 2 bathroom unit (operated as short-term accommodation)

Unit Features:

• Well-sized private courtyards
• Ample parking, mostly undercover
• Modern finishes including gas cooking, gas hot water, reverse-cycle air conditioning, stone benchtops, and individual laundry facilities
• Low-maintenance construction

Investment Highlights:

• Approximately 7.78% net return
• Strong depreciation benefits available
• Low-maintenance design
• Turnkey investment - established and performing
• Multiple income streams
• Modern construction completed in 2021

Change History

Location