This exceptional 1,093.9 sqm block, located in the vibrant town centre of Jindabyne, offers a unique opportunity for savvy investors and developers. Boasting a prime location within the essential services district, this property combines a strong income stream with considerable future development potential. With stunning lake views and strategic positioning, this property represents both immediate returns and long-term value.
Key Features:
Existing Commercial Space: The property currently houses three tenancies with leases in place, generating a combined gross income of $80,000 per annumoffering instant cash flow while you plan for future growth.
Strategic Location: Located just a 2-minute walk from the picturesque Lake Jindabyne foreshore, this property benefits from high foot traffic and a central position in the heart of town.
Development Potential: Zoned with new SP4 provisions, the site offers a broad range of development opportunities, enabling you to capitalize on this prime parcel of land.
Premium Exposure: Positioned in a high-visibility, high-traffic area, ensuring accessibility and market presence for both existing and potential developments.
Stunning Lake Views: Enjoy uninterrupted views of Lake Jindabyne, adding to the property's appeal for commercial, mixed-use, or residential development.
Plans and Development Potential:
Detailed concept plans and a comprehensive town planning report are available upon request. These documents outline the potential for a range of development opportunities that can maximize the land's value. Please note that all plans and proposed developments are subject to council approval. This provides a unique opportunity to tailor the development to your vision, while navigating the approval process with the support of well-prepared, council-compliant documents.
Whether you're looking to leverage the current income-generating tenancies or unlock the property's full potential through development, this is an opportunity not to be missed.
Disclaimer: Concept plans and the town planning report are available upon request. Please note that the plans and report are subject to council approval.