Spanning a generous 1,030sqm+, this is a rare opportunity to secure a significant footprint in Jindabyne's most established dress-circle location. While others are limited by smaller blocks, this oversized lot allows you to fully capitalize on the SAP's flexible SP4 zoning. With the town's growth trajectory locked in, this is your chance to build a home or develop on the doorstep of the Activation Precinct's future lakefront and infrastructure upgrades.
High-Yield Development Potential: Unlike restrictive traditional zonings, the SP4 Enterprise zoning on this lot offers unparalleled flexibility. With no Floor Space Ratio (FSR) limit, your build isn't restricted by the usual square-meterage caps. Combined with a three-story height allowance, you have the green light for a high-density, high-yield project that maximizes every inch of the block-allowing for a significantly larger footprint than previously possible in Jindabyne.
Particulars
• Address: 3 McLure Cct Jindabyne
• Lot size: 1030.7m2
• Zoning: SP4 Enterprise
• Precinct under SAP: Town centre and foreshore catalyst precinct
• Legal access from both McLure Cct and Kosciuszko Road
• Town water & sewerage
• Power readily available from McLure Cct
• NBN FTTP upgrade available on McLure Cct
The SAP
The Snowy Mountains Special Activation Precinct (SAP) is a 40-year NSW Government strategic vision backed by over $242 million in committed funding to transform Jindabyne into a premier year-round destination. Currently in the delivery phase, the SAP is overhauling the town's core infrastructure-including new high-capacity water and sewage treatment plants-to support a growing permanent population and sustainable development.
For a 1,030sqm+ lot on McLure Circuit, the benefits are immediate and structural:
Premium Zoning: Under the SP4 Enterprise classification, traditional density caps are removed. With no Floor Space Ratio (FSR) limit and a 3-story height allowance, you can achieve significantly higher yields than old residential codes allowed.
Infrastructure Lead: Proximity to the new Jindabyne Education Campus and planned Lake Foreshore upgrades increases desirability for families and premium holiday rentals.
Future-Proofing: Modernized internet and utility networks ensure your build is supported by world-class services, while the shift to a "four-season" economy protects long-term capital growth from seasonal fluctuations.
The MEGA site
For the visionary developer, the neighboring Motel 'Leski Club' at 5 McLure Cct is also available for purchase. Combining these two holdings creates a massive 2,300sqm (approx.) "super-site" with dual-frontage potential. In a high-growth precinct, this rare scale allows for a significant multi-stage development that simply isn't possible on smaller, fragmented lots.
The same SP4 Enterprise Zoning allows great re-development potential without FSR limitation.
Versatile business model with self-contained units: long-term rental, seasonal rental, or holiday rental.
The properties are held on separate titles, allowing for a more versatile investment and tax-efficient holding structure. Benefit from the ability to develop or sell each lot independently, providing a level of financial agility that single-title "super-sites" lack.
Inspections are available by private appointment.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
