CBRE is pleased to offer to the market 8 Yulin Avenue, Cooma (Snowy Mountains), NSW, for sale via Private Treaty. 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: $317,435 pa* To be sold by Private Treaty * Approx Source: profile.id