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Colliers - Canberra

167 Yallakool Road Cooma, NSW 2630

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167 Yallakool Road,
Cooma, NSW 2630

Development Sites & Land

Key property information

Land area

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Colliers - Canberra
Paul Powderly

Colliers - Canberra

Level 8, 68 Northbourne Ave
CITY, ACT 2601
04131228...
Colliers - Canberra
167 Yallakool Road
Cooma, NSW 2630

Map of 167 Yallakool Road

Directions

Cooma Land Estate

  • DA Approved*
  • 3kms to Cooma
  • R2 Zoning
On behalf of the Vendor, Colliers is pleased to offer the opportunity to purchase the DA Approved site known as 167 Yallakool Road, Cooma, NSW.

The site is located in Cooma, the gateway to the Snowy Mountains, which is experiencing tremendous growth in population and economy. The land is made up of two titles and sits on the corner of Mittagang Road and Yallakool Road, with an underlying R2 Low Density Residential zoning – the approved DA allows developers to complete a subdivision of 82 lots.

- Located only 3 km to the established town of Cooma, 900 metres to the Cooma High School, less than 120 km to the Canberra CBD and 95 km to Thredbo.
- DA Approval for 82 lots
- Substantial commencement and construction certificates, electrical and NBN approval for stages 2 and 4
- Stage 1 to 5 are an average size of 850m2 which will allow approval for dual occupancy developments (STCA)
- Adjoins recently completed residential development

This is an incredible opportunity to capitalise on the residential demand in the area off the back of the Snowy Hydro 2.0 Project.

The property will be sold by way of Expressions of Interest closing on 14 November 2023 at 3.00pm.

For further information or to lodge an Expression of Interest please contact the exclusive agents, Colliers.

Cooma, 2630 demographic data

The median household income for Cooma is $1,374, 4% lower than Regional New South Wales's household income of $1,434. Cooma has an older age profile compared to the rest of Regional New South Wales (median age 44 vs 43). Property ownership data shows 42% of property owners in Cooma have a mortgage.

6,715
Population
$1,374 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
Colliers - Canberra
Level 8, 68 Northbourne Ave
CITY, ACT 2601