Located in the busy Alpine village of Adaminaby I have listed for Sale two investment opportunities in the one building. Zoned RU5 Village it allows for a range of uses, services, and facilities that are associated with a rural village while protecting and conserving the historical significance, character, and scenic quality of rural village settings.
The tenancy on each is $400 per week with new leases just signed which adds to a great return on investment.
Downstairs is currently a gym for a Snowy 2.0 contractor. It features two toilets, approx. 120m2 floor space and kitchenette.
Upstairs is a 1-bedroom apartment, tastefully decorated with a great indoor-outdoor area, renovated kitchen, and plenty of storage.
If you need to squeeze the kids in there is a small nook with room for bunk beds.
Adaminaby is located close to beautiful Lake Eucumbene for all summer enthusiasts and if winter is your thing, then brand-new Selwyn Snowfields are opening for the winter of 2023.
Add the Snowy 2.0 project to the equation and Adaminaby will be buzzing along for years to come.
If you would like to make time to view the property, give the office a call on 02 6452 6121 or call Craig at 0414865 922.
The Apartment at 8 Denison Street ADAMINABY, NSW 2629 has been sold 2 times before, with the most recent sale being for $125,000 on 11 June 2013.
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8 Denison Street is located within the suburb of Adaminaby, which has a population of 301, a median age of 55 and an average household density of 1.9 people.