High Yielding Fully Leased Accommodation Freehold - Newly Built Providing Substantial Depreciation

Description

Burgess Rawson is pleased to offer to the market 8 Yulin Avenue, Cooma (Snowy Mountains), NSW, for sale via our Investment Portfolio Auction 176.

This opportunity has the following key investment highlights:

+ Fully leased high yielding accommodation freehold with fixed term leases
+ Leased to Future Generation, a joint venture established to deliver Snowy 2.0 for Snowy Hydro Limited
+ Snowy Hydro 2.0: Australia’s largest renewable energy infrastructure project, with an estimated $12 billion* total project investment
+ Additional income through short term accommodation revenue from a mix of Airbnb and Bookings.com
+ Substantial 2,276sqm* freehold landholding improved by 13 freestanding residential dwellings within a fully-contained accommodation estate
+ Diversified estate with a mix of double & single storey 1, 2 & 3 bedroom homes, each unit with its own car space and backyard
+ Newly constructed in 2022, providing depreciation benefits
+ Strategically positioned in Cooma, gateway to the Snowy Mountains, benefiting from significant regional growth driven by renewable energy infrastructure
+ Cooma: heart of the Snowy Mountains with a GRP of $2.3 billion and a growing population set to reach 25,025 by 2041
+ Net Income: $317,235 pa*

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 13 May 2025
Yallamundi Rooms, Sydney Opera House

* Approx
Source: profile.id

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Contact agents
Geoff Sinclair Director
0451 462 759
Kieran Bourke Partner
0417 418 007
Luke Easton Cadet
0472 546 001
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Cooma, NSW

8 Yulin Avenue

For Sale by Portfolio Auction
Tuesday 13th May 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 176

Price: Contact Agent

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