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SOLD

1 Jerrara Drive EAST JINDABYNE, NSW 2627

Sold - Tuesday 20 September 2022 for $2,050,000
Bed Icon11 Bedrooms
Bath Icon11 Bathrooms
Unimproved value:A$1,430,000 (2022-2023)Block size:2998
Bed Icon11 Bedrooms
Bath Icon11 Bathrooms

An Opportunity Awaits!

1 Jerrara Drive, is situated on a large2998m² parcel of land with some of the best unimpeded North and West views overlooking the spectacular Lake Jindabyne and Snowy Mountains. Zoned R5 Large Lot Residential with existing usage rights for a older style 8 room motel, 2 one bedroom apartments and common kitchen, dining and recreation area.

The accommodation in the motel wing of this property features eight motel rooms all with ensuites. Five of the motel rooms have balconies with spectacular views. Plus a double story complex that comprises of two, one bedroom apartments and common areas including kitchen, dinning and living spaces.

The spacious commercial kitchen and dinning area includes a fully equipped kitchen. The dining space features a toasty open fire. A great space for guests to cook meals and socialise after a day exploring the region that is the Snowy Mountains.

You could continue to operate this motel or leave it to your imagination, with this large parcel of land as you could build the mountain home you have always with dreamt.

Property/Accommodation features:

8 x motels rooms each with an ensuite
5 of the motel rooms have balconies
Pizza oven and BBQ area
3 x 1 bedroom apartments
Gas cooking
Spectacular views of the Snowy Mountains and Lake Jindabyne
Large common dining and living space
Large communal kitchen
Office
Wood fireplace
Electric Heating
Large garden shed
2998m² parcel of land
Existing commercial rights

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Additional Features

  • Checkmark IconLiving Areas
  • Checkmark IconRumpus Room
  • Checkmark IconOpen Fire Place
  • Checkmark IconGas Heating
  • Checkmark IconDeck
  • Checkmark IconBalcony

Information about this House

  • Listed on
  • Last updated
  • Property typeHouse
  • Block size2998m² (approx)
  • Building size450m² (approx)
  • Land / Dev PurposeLarge Lot Residential (R5)
  • Bedrooms11
  • Bathrooms11
  • Land valueA$1,430,000 (2022)
  • Stamp dutyA$98,082
  • RatesA$4,233
  • Land taxA$6,763 if rented
* Figures quoted above are approximate values based on available information.

Sales History for 1 Jerrara Drive EAST JINDABYNE, NSW 2627

The House at 1 Jerrara Drive EAST JINDABYNE, NSW 2627 has been sold 1 time before, with the most recent sale being for $2,050,000 on 20 September 2022.

Sold DatePrice
A$2,050,000
Sold Date
PriceA$2,050,000

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Local Neighbourhood

1 Jerrara Drive EAST JINDABYNE, NSW 2627 has 2 schools within 5 kilometres, with the closest being Jindabyne Central School.

DistanceSchoolAddress
4.04 kmJindabyne Central SchoolPark Rd, Jindabyne 2627Pin Icon
4.63 kmSnowy Mountains Grammar School6339 Kosciuszko Road, Jindabyne 2627Pin Icon

About East Jindabyne

1 Jerrara Drive is located within the suburb of East Jindabyne, which has a population of 697, a median age of 42 and an average household density of 2.6 people.

  • 697Population
  • 42Median Age
  • 2.6Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached
Not Stated

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Jerrara Drive

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East Jindabyne

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Alpine

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