Cooma, Capital Monaro and Snowy, NSW, Cooma
If you're looking to add a high-performing freehold residential complex to your portfolio with strong income and minimal maintenance requirements, 8 Yulin Avenue presents a rare opportunity to secure just that.
Constructed in December 2021, this near-new complex comprises 13 units on a single title (no strata), providing investors with the simplicity of one well-built, low-maintenance asset combined with the security of multiple income streams.
With ongoing leases, strong depreciation benefits and very attractive returns, this is a true turnkey investment offering a net yield of approximately 7.78%.
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Property Overview:
Total dwellings: 13 units
Configuration:
*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)
Each unit features:
*Well sized private courtyards
*Ample parking, with most spaces undercover
*Modern finishes including gas cooking, gas hot water, reverse-cycle air conditioning, stone benchtops and individual laundry facilities
*Low-maintenance construction
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Investment Highlights
*Approximately 7.78% net return
*Stronge Depreciation benefits available
*Low-maintenance design
*Turnkey investment - established and performing
*Multiple income streams
*Modern construction (2021 build)
Property Reference: MCG124P4727
17
beds