24 Mittagang Road, Cooma, NSW 2630

Knight Frank Canberra are pleased to present for sale 2-9/24 Mittagang Road, Cooma, NSW 2630

Offered for sale is 8 of 10 units in Building A of 24 Mittagang Road, Cooma known as Platypus Gardens. 

Cooma is a town in the Southern Tablelands of New South Wales, Australia. It is located about 114 kilometres south of Canberra and serves as the gateway to the Snowy Mountains Region. Cooma attracts a significant number of visitors each year, especially during the winter months when people travel to the Snowy Mountains for snow-related activities.

The subject property sits directly opposite Cooma North Public School and less than 250m to both Snowy Hydro Discovery Centre and the Snowy Hydro Head office while being only 2km to Cooma’s CBD.

The site is in a favourable location, with dual access and strong residential leases in place. There is scope to increase rents as leases expire thus increasing your return. This presents as an excellent opportunity for any investor looking to take advantage of a low entry, high yielding diversified multi tenanted investment in the popular town of Cooma. 

Key Highlights 
-	75% leased to Snowy Hydro 
-	Long-term tenants
-	8 units, 6 car parks and 2 garages

Net Income: $110,256.59

For more information, please call James Baker of Knight Frank Canberra.