Select Preferred office

Interested in this property?

Get in touch

Toni Wheelhouse

0431 486 588

Incredible Investment Opportunity: The formally known “Snowy Mountains Backpackers” in the Heart of Jindabyne

2-3/3 Gippsland Street, Jindabyne, NSW

11
6

"NEW PRICE" CONTACT AGENT

Lease Fee/Council Rates: $524

First time to market is a chance to acquire a well-established commercial and accommodation property in one of the most sought-after locations in the Snowy Mountains. Located in the heart of Jindabyne, this versatile property offers a blend of commercial and accommodation spaces, making it the perfect high-yield investment for savvy buyers.

Key Features:

  • Three Long-Term Leases in Place: Secure, long-term tenants in three commercial spaces, ensuring a steady, reliable income stream.
  • Fourth Office Space/Reception Area: A fourth commercial space, ideal for use as a reception area or office, supporting the accommodation operations.
  • Accommodation for 48 Guests: Two levels of accommodation with nine rooms, perfect for hostel/group accommodation or long/short-term tenancy.
  • On-Site Communal Laundry: A convenient communal laundry service for guests and tenants.
  • Disability Access & Off-Street Parking: Provides easy access for all guests and tenants with off-street parking at the rear of the property.
  • Prime Central Location: Located in the heart of Jindabyne’s CBD, offering direct access to local shops, restaurants, and attractions.
  • Snowy Mountains Backpackers Brand: This is a rare opportunity to acquire the iconic “Snowy Mountains Backpackers” brand, which has a rich 20-year history. The Jindabyne region currently has a gap in the backpacker market, presenting an excellent chance to rejuvenate and re-establish this well-known brand, tapping into the demand for budget-friendly accommodation in the area.
  • Separate Amenities: Toilet amenities provided for the commercial tenants and their customers.

Investment Opportunities:

  • Backpacker Hostel/Group Accommodation: Continue the successful hostel model, catering to budget-conscious travelers and adventure groups. With 48 beds, the property offers significant income potential year-round, especially during peak ski and holiday seasons.
  • Staff Accommodation: High demand for local worker housing means this property is perfect for staff accommodation, providing long-term rental income.
  • Deluxe Holiday Accommodation: Upgrade the space to cater to mid-to-high-end tourists seeking premium, in-town lodging, tapping into Jindabyne’s growing tourism market.
  • Business Hub/Co-Working Space: Convert part of the property into a modern business hub or co-working space, attracting remote workers and small businesses in need of flexible workspace in a scenic environment.

Whether you’re looking for a high-yield investment or to expand into Jindabyne’s flourishing tourism and business market, this property offers remarkable potential. With its prime location, established income from long-term leases, and flexibility to cater to various accommodation needs, this is an opportunity you don’t want to miss.

*Disclaimer: While we believe this information to be accurate, it is not guaranteed and does not constitute a formal representation by the vendor or agent. Interested parties must perform their own due diligence and rely solely on their own enquiries regarding all dimensions, figures, inclusions, and descriptions.

Sales contact for this property

Toni Wheelhouse

Licensed Sales Agent
Stock & Station Agent
Auctioneer

Jindabyne and Surrounding Areas

0431 486 588

Quick Enquiry

    Subscribe to our database

      Interested in*

      Clear all

      Select Preferred Location*

      Clear all