Investors take note: 8 Denison Street presents a unique opportunity to secure a versatile commercial property in the heart of Adaminaby, NSW. Spanning 174 square metres of land, this two-storey building offers a prime ground floor commercial space, coupled with a charming upstairs residential unit, ideal for generating dual income streams.
With a weekly rental of $400 for the commercial space and $300 for the residential accommodation, this property is perfectly poised to capitalise on Adaminaby's vibrant local economy. The commercial area, currently utilised as a gym by a Snowy 2.0 contractor, encompasses approximately 120m2 of floor space, including two toilets and a kitchenette, making it adaptable to a variety of business ventures.
The upstairs residential component has been tastefully renovated to include a cosy one-bedroom apartment complete with a separate office or study, offering comfort and convenience for any tenant. Solar panels are installed to help with the outgoings.
Nestled in the centre of Adaminaby's shopping centre, this commercial property is not only a stone's throw away from local amenities but also benefits from the town's RU5 Village zoning. This permits an array of uses, services, and facilities that support the lifestyle of a rural village community.
Moreover, 8 Denison Street's location is a gateway to the Alpine region, with close proximity to Lake Eucumbene and the rejuvenated Selwyn Snowfields, enhancing its appeal for businesses and residents alike. This is an exceptional investment opportunity in a thriving locale, promising a healthy return for the astute investor.