10 Yulin Avenue Cooma

X Commercial is pleased to exclusively present to the market this rare DA-approved multi-unit development opportunity, ideally located close to Cooma's town centre.

Located just over an hour south of Canberra, Cooma is the gateway to the Snowy Mountains and the administrative centre of the Snowy Monaro region. The local economy is driven by energy, construction, public services, and tourism, with significant ongoing investment from the Snowy 2.0 hydro project creating sustained employment and housing demand. With steady population growth and limited residential land supply, Cooma continues to attract strong interest from both residents and investors.

What makes this property truly unique is its R1 General Residential zoning - a scarce designation within the Cooma region. With limited R1-zoned land remaining, this site represents one of the few remaining opportunities to deliver a quality residential development in a well-established area.

10 Yulin Avenue, is a trapezoid-shaped parcel of land with a single residential dwelling, currently returning $350 per week in rental income. This holding provides purchasers with the benefit of holding income while progressing future development plans.

While the property benefits from existing DA approval, purchasers also have the flexibility to redesign an alternative scheme in line with the current zoning and planning controls, allowing a buyer to tailor the development to their own vision and market strategy.

The X Factors:
DA approved site with holding income Structural, stormwater and sewer engineering plans complete CC application & long service levy fees paid 1,084sqm block of land Less than 2km to Cooma's CBD Close proximity to Snowy Hydro HQ Rare developable R1 zoning
For further information please contact James Baker on 0421 863 040.