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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

Expression of Interest (EOI)

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.

Sales contact for this property

Toni Wheelhouse

Licensed Sales Agent
Stock & Station Agent
Auctioneer

Jindabyne and Surrounding Areas

0431 486 588

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