8 Yulin Avenue, Cooma, NSW 2630

Block Of Units
Type
17
Bedrooms
15
Bathrooms
16
Parkings
2,276 m²
Area

Published on Friday, April 10, 2026 ( See property details for 8 Yulin Avenue, Cooma, NSW 2630)

Guide $3,800,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance residential complex with 13 units, offering strong income potential and attractive depreciation benefits in Cooma, NSW.

🏡 Property Highlights

  • Strong net yield of approximately 7.78% for a turnkey investment
  • Modern, low-maintenance construction built in 2021
  • 13 well-established units on a single title with no strata fees
  • Multiple income streams from diverse unit configurations
  • Ample undercover parking and private courtyards for residents
  • Attractive depreciation benefits available for investors

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Air Conditioning
  • Dishwasher
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Extra Storage (Shed/Linen)

Cooma is a vibrant regional centre offering a strong community vibe, excellent amenities, and scenic surroundings. It provides a strategic location for investors seeking stable rental demand, with easy access to outdoor recreation, local services, and transport links. The area boasts a growing population and a resilient economy, making it an ideal location for property investment. Cooma’s welcoming atmosphere and natural beauty make it a desirable place to live and work, ensuring ongoing demand for quality rental accommodation.

What are the ongoing maintenance requirements for this complex?
The complex features low-maintenance construction, reducing ongoing upkeep and management costs, making it ideal for investors seeking minimal maintenance.
Are there any restrictions or covenants on the property?
The property is on a single title with no strata fees, and there are no known restrictions; however, buyers should verify any local planning or zoning regulations.
What are the current lease arrangements and rental income?
The units are currently leased with ongoing agreements, providing multiple income streams and a strong cash flow for investors.
Is there potential for future development or expansion?
Given the current configuration and zoning, there may be potential for future development; prospective buyers should consult local planning authorities for detailed information.
What are the depreciation benefits available?
Investors can take advantage of strong depreciation benefits due to the modern construction, which can significantly enhance after-tax returns.
Are there any hidden costs or upcoming maintenance expenses not included in the current management plan? Has the property been inspected for any structural issues or defects since construction in 2021? Are there any zoning restrictions or easements that could affect future use or development? Is the property located in a flood or bushfire-prone area, and what risk mitigation measures are in place? Are there any planned nearby developments or construction activities that could impact the property's value or livability? What are the terms of the current leases, and are there any upcoming lease expirations or rent reviews? Are there any strata or body corporate arrangements, or is this a freehold title with no strata fees? What are the total ongoing costs, including council rates, utilities, and management fees? Has the property been assessed for compliance with all relevant building and safety standards? Are there any restrictions on short-term accommodation or Airbnb-style rentals for the units?

8 Yulin Avenue, Cooma, NSW 2630 - More Details

Guide $3,800,000

Type
Block Of Units
Bedrooms
17
Bathrooms
15
Parkings
16
Area
2,276 m²

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