OFF MARKET

11 Denison Street
Adaminaby NSW 2629

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 88m2
Land area: 158m2
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Property Details for 11 Denison St, Adaminaby

Building Type
Commercial
Floor Size
88m2
Land Size
158m2
Local Government
Snowy Monaro Regional
Lot/Plan
B/DP414149

Last Listing description (November 2021)

With the announcement of the expansion of the Snowy Hydro Scheme this already profitable business will only get busier.

The Bakehouse trade from locals and tourists that come to the area for fishing or ski at Mt Selwyn. The business also supply wholesale to the Mt Selwyn Ski resort and accommodation houses in and around Adaminaby.

Adaminaby is located approx. 50kms from Cooma on the Snowy Mountains Highway. This is a tourist route for people to enjoy the mountains and lakes in the area.

The building itself is approx. 168m2. The dining area seats 28 people and offers dine in or takeaway foods.
Two kitchens, the front kitchen is used for cooking for the dining area and consists of a commercial grill, deep fryer, dishwasher range hood, 2 door fridge, 2 microwaves, pie warmer and bread slicer.
All benches are stainless steel with melamine under benches.
The bakery kitchen consists of a 4 deck oven, proover, bun divider, 2 commercial mixers, range hood, bread tins, cake tins and pie trays. All benches and overhead shelving are stainless steel and both kitchens are tiled.
Plenty of storage with 2 areas containing 2 large storage bins, tonnes of shelving, 3 chest freezers and a 1 door freezer. There is also a cool room at the rear of the building.
Walk in and take over this profitable local business that also offers room for expansion..

Property History for 11 Denison St, Adaminaby, NSW 2629

A timeline of how this property has performed in the market
Last Sold
$250,000
05 Oct 2021
  • 05 Oct 2021
    Sold for $250,000
  • 10 Aug 2020
    Listed for Sale Contact Agent
  • 25 Apr 2018
    Listed for Sale Not Disclosed
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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 401 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 20 properties listed for sale, and 2 properties listed for rent in Adaminaby on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Adaminaby.

Suburb Insights for Adaminaby 2629

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.