Other Auction - Contact Agent
2nd Jul at 6:00pm
Rare Jindabyne Development and Investment Opportunity
For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact the Gordon Jenkinson on 0427 100 915 immediately to become qualified and avoid disappointment.
This mixed-use (Zoned B2 Local Centre) freehold investment offers both residential and retail income
streams and could not be better positioned to capitalise on the planned redevelopment of Jindabyne.
Currently netting over $100k of rental income from 4 separate tenants the property is located in the
heart of the business precinct halfway between the Town Centre & Nuggets Crossing shopping
centres and adjoins the Ambulance Station and the Anglican Church with the medical super clinic and
Mitre10 located immediately across the 809sm dual street frontage site (Park Road & Thredbo
Unit 1 – Upstairs 3bd/1bth apartment, 1Car Parking Space (approx 101sm) - gross rent $40,000/pa
2 – Ground floor 1bd/1bth apartment,1 CPS (approx’ 54sm) – gross rent $13,000/pa
3 – Ground floor Razors Edge Ski shop, 3 CPS (approx’ 75sm) – gross rent $15,000/pa
4 - Ground floor Sacred Ride Bike Shop, 7 CPS (approx’ 124sm) – gross rent $50,000/pa
Total gross rent = $118,000.00/pa
Council Rates = $1,960/pa
Water & Sewer account $2,368.92/pa subject to usage
Zone B2 Local Centre
1 Objectives of zone
• To provide a range of retail, business, entertainment and community uses that serve the needs of
people who live in, work in and visit the local area.
• To encourage employment opportunities in accessible locations.
• To maximise public transport patronage and encourage walking and cycling.
• To provide for appropriate residential development in the form of shop top housing and other land
uses that are complementary to, and support the vitality of, the local centre.
2 Permitted without consent Nil
3 Permitted with consent Amusement centres; Boarding houses; Building identification signs;
Business identification signs; Car parks; Child care centres; Commercial premises; Community
facilities; Educational establishments; Entertainment facilities; Environmental facilities; Environmental
protection works; Function centres; Home businesses; Home industries; Home occupations;
Information and education facilities; Medical centres; Passenger transport facilities; Places of public
worship; Public administration buildings; Recreation areas; Recreation facilities (indoor); Recreation
facilities (outdoor); Registered clubs; Respite day care centres; Restricted premises; Roads; Service
stations; Shop top housing; Tourist and visitor accommodation; Vehicle repair stations
4 Prohibited Any development not specified in item 2 or 3
Reverse Cycle Air Con