4/46 Townsend St, Jindabyne is a 2 bedroom, 1 bathroom Unit and was built in 1981. The property has a land size of 945m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
This top floor two bedroom one bathroom apartment is situated at the rear of a small complex of 5 units at the top of the Townsend Street 'right of way' with a private balcony offering commanding views over 'Pooh Bay' and its swimming & boat mooring areas with the view extending to the Jindabyne dam wall. The property is approximately 700m from the amenities of the Town Centre shopping complex including popular entertainment hubs such as the Jindabyne Bowling Club, Banjo Paterson Inn and the Lake Jindabyne Hotel.
The apartment is currently utilized as a STRA registered short term holiday property with a 4-person license in place showing exceptional returns but would also work as a small residence or a private holiday retreat ? the property is to be sold completely furnished with the only exclusions being two pieces of artwork. The property has one 'under-cover' car parking space with the apartments heating & cooling options provided by a reverse cycle air conditioning unit in the living area while the bathroom includes a near new washing machine & dryer to cater for the occupant's laundry requirements.
As an alternate investment option similar properties currently attract $550 per week rent for a 12-month tenancy while as a winter rental with twin share bedrooms an owner could expect rental income between $1,000 to $1,200 per week for the 16 weeks of the ski season.
The size of Jindabyne is approximately 112.2 square kilometres. It has 8 parks covering nearly 1.8% of total area. The population of Jindabyne in 2011 was 2,440 people. By 2016 the population was 2,626 showing a population growth of 7.6% in the area during that time. The predominant age group in Jindabyne is 20-29 years. Households in Jindabyne are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Jindabyne work in a trades occupation. In 2011, 57.4% of the homes in Jindabyne were owner-occupied compared with 55.3% in 2016.
Jindabyne has 3,282 properties. Over the last 5 years, Houses in Jindabyne have seen a 90.36% increase in median value, while Units have seen a 126.40% increase. As at 31 October 2024:
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