OFF MARKET

1-3 Denison Street
Adaminaby NSW 2629

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 145m2
Land area: 569m2
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Property Details for 1-3 Denison St, Adaminaby

Building Type
Commercial
Floor Size
145m2
Land Size
569m2
Local Government
Snowy Monaro Regional
Lot/Plan
1/DP877941

Last Listing description (June 2021)

An opportunity to purchase comercial premises in Adaminaby.
PROMINENT POSITION IN ADAMINABY

Snowy 2.0 is underway
and
NSW State Government is goingto spend$20, 000,000
to update Bobeyan Road between Adamnaby and Canberra.
The property has the potential to be subdivided into three diffferent shops, subject to 'Council approval, as foundation footings are in place for firewalls to be completed.
Similarly, the premises have the potential to be divided into three different shops, subject to 'Council approval, by way of partitions,
These premises would be suitable for someone who has the funds to establlgh a business and sustain themselves until a satisfactory business.
A back room of approximaely 25 M2 could be conveted to living quarters.
These premises could be suitable for a superanuee who have always had business aspirations, but has worked in a completely different field.

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Property History for 1-3 Denison St, Adaminaby, NSW 2629

A timeline of how this property has performed in the market
Last Sold
$410,000
21 Dec 2021
  • 21 Dec 2021
    Sold for $410,000
  • 13 May 2015
    Listed for Sale $1.7m + SAV

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About Adaminaby 2629

The size of Adaminaby is approximately 359.8 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Adaminaby in 2011 was 227 people. By 2016 the population was 293 showing a population growth of 29.1% in the area during that time. The predominant age group in Adaminaby is 60-69 years. Households in Adaminaby are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adaminaby work in a managers occupation. In 2011, 83.9% of the homes in Adaminaby were owner-occupied compared with 80.5% in 2016.

Adaminaby has 402 properties. Over the last 5 years, Houses in Adaminaby have seen a 108.18% increase in median value, while Units have seen a 52.88% increase. As at 31 October 2024:

  • The median value for Houses in Adaminaby is $459,952 while the median value for Units is $635,473.
  • Houses have a median rent of $490.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Adaminaby on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Adaminaby.

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