54 Gippsland Street, JINDABYNE

The property known as 'Wanderers Retreat' is situated on a 698 sqm lot located on the high side of Gippsland Street offering a sunny north easterly aspect, lake views and within walking distance of the towns shopping precinct. The property is of brick veneer construction and comprises a substantial residence on the first floor with two council approved self-contained 1-bedroom flats, a single lockup garage, generous storage void and an office on the ground floor. Apartment 1 - located at the northern end of the ground floor and comprises one bedroom with an ensuite (shower, WC and basin), a loungeroom with external access adjoining the kitchen/dining area - heating & cooling options are via a reverse cycle air conditioning unit - tenanted for the 16 weeks of winter @ $600/pw. Currently vacant. Apartment 2 - also on the ground floor and comprises one bedroom with a generous bathroom and an open plan living/dining/kitchen area with external access - heating & cooling options are via a reverse cycle air conditioning unit; this unit was tenanted over winter @$600/pw and is currently tenanted with an open ended agreement in place @$450/pw. Main residence - The first-floor residence has 4 bedrooms, 3 bathrooms and was approved as bed & breakfast accommodation but over the 16 weeks of winter 2025 it was tenanted by Thredbo staff @$2,000/pw and currently has an open-ended tenancy in place at $850/pw. The master bedroom includes an ensuite and a walk-in robe while another bedroom shares a two-way bathroom. The main bathroom includes shower, bathtub, vanity and toilet - the recently renovated bathrooms enjoy underfloor heating. The living area is 'open plan' with the kitchen adjoining a covered alfresco area with concrete flooring and extensive garden surrounds providing a quiet, private retreat while an external balcony off the lounge offers expansive lake & rural views. The living area has a slow combustion wood heater, fully ducted reverse cycle air conditioning and a c