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SOLD

1 Jerrara Drive EAST JINDABYNE, NSW 2627

Sold - Monday 19 September 2022
Hotel, Motel & Leisure
Floor area
450
Land area
2998

An Opportunity Awaits!

1 Jerrara Drive, is situated on a large 3148m² 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:
8x Motel rooms each with an ensuite
5 of the motel rooms have balconies
Pizza oven and BBQ area
3x 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
3,148m² parcel of land
Existing commercial rights

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Information about this Property

  • Listed on
  • Last updated
  • Property typeHotel/Leisure
  • Block size2998m² (approx)
  • Building size450m² (approx)
  • Land / Dev PurposeLarge Lot Residential (R5)
  • Property ExtentWhole
  • Land valueA$1,430,000 (2022)
  • Stamp dutyA$98,079
  • RatesA$35,989
  • Land taxA$6,763 if rented
* Figures quoted above are approximate values based on available information.

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Jerrara Drive

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East Jindabyne

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