2-3/3 Gippsland Street, Jindabyne, NSW 2627

For Sale

Alpine

Type

Bedrooms

Bathrooms

340 m²

Area

Published on Friday, June 26, 2026 ( See property details for 2-3/3 Gippsland Street, Jindabyne, NSW 2627)

Priced to sell

Toni Wheelhouse Senior Sales Executive

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile commercial and accommodation property in the heart of Jindabyne, offering strong income potential and redevelopment opportunities within a sought-after alpine location.

🏡 Property Highlights

Secure long-term tenants with three commercial leases in place
Versatile accommodation for 48 guests across two levels
Prime central location in the heart of Jindabyne’s CBD
Iconic Snowy Mountains Backpackers brand with 20-year history
Accessible facilities including disability access and off-street parking
Multiple income streams including hostel, staff accommodation, and potential for holiday rentals

✨ Key Features

Three Long-Term Leases in Place
Fourth Office Space/Reception Area
Accommodation for 48 Guests
On-Site Communal Laundry
Disability Access & Off-Street Parking
Separate Amenities
Open-Plan Living
Outdoor Area
Built-in Robes
Secure Parking

Suburb and Property Insights of Jindabyne, NSW 2627

Jindabyne is a vibrant alpine town renowned for its stunning mountain scenery and year-round outdoor activities. It offers a thriving tourism industry, proximity to ski resorts, and a strong local community. The area boasts excellent amenities, diverse dining options, and easy access to the Snowy Mountains National Park. Its central location makes it ideal for hospitality and business ventures, attracting both seasonal visitors and long-term residents.

Frequently Asked Questions

What is the current occupancy rate and income generated from the leases?

The property currently has three long-term commercial leases providing a steady income stream, with additional potential from hostel and accommodation operations.

Are there any planning restrictions or zoning considerations for redevelopment or expansion?

Potential buyers should review local council zoning regulations and planning controls to confirm permissible uses and any development restrictions.

What are the maintenance and operational costs associated with the property?

Operational costs include property management, maintenance, utilities, and staff, which should be assessed during due diligence.

Is there scope to convert or upgrade the accommodation to higher-end offerings?

Yes, the property offers flexibility for upgrades or rebranding to cater to mid-to-high-end tourists or other accommodation models.

What are the nearby amenities and attractions that support the business?

The property is centrally located with access to shops, restaurants, outdoor activities, and ski resorts, enhancing its appeal to guests and tenants.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance requirements not disclosed? Has the property been compliant with all local building and safety regulations? Are there any zoning restrictions or easements that could limit future development? Is there any history of flooding, bushfire risk, or other environmental hazards? Are there any ongoing or planned construction projects nearby that could impact the property? What are the terms and conditions of the existing leases, and are they transferable? Are there any strata or body corporate considerations if applicable? What are the total costs involved in rebranding or upgrading the accommodation? Is there any existing or potential noise or disturbance issues from neighboring properties? Are there any restrictions on the use of the property for different types of accommodation or commercial activities?

2-3/3 Gippsland Street, Jindabyne, NSW 2627 - More Details

Priced to sell

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.

Type: Alpine
Bedrooms: 11
Bathrooms: 6
Area: 340 m²
House Size: 850 m²

Three Dimensional Virtual Tour - 2-3/3 Gippsland Street, Jindabyne, NSW 2627

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