8 Yulin Ave

Cooma NSW 2630

2276 m²

Block of units

Currently for sale - view listing

Overview

Freehold Residential Complex 13 Units with Strong Returns

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%. ________________________________________ Property Overview: Total dwellings: 13 units Configuration: 10 × 1 bedroom / 1 bathroom units 1 × 2 bedroom / 1 bathroom unit 1 × 2 bedroom / 2 bathroom unit 1 × 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 ________________________________________ 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)