Buy Now - Australia's Alpine Playground - Strategic Development Opportunity
Burgess Rawson Canberra are proud to exclusively present one of the most exciting and outstanding land development opportunities in the Snowy Region in the last 20 years. An opportunity exists for a savvy Developer, Resort Group or Build To Rent operator to build a truly world class resort in the Snowy Mountains of approx. 21 Hectares.
This key strategic corner site is in two lots allowing stage developments and located with access to both Thredbo and Perisher which will further ensure Lake Jindabyne Village is a sought-after location for both holiday makers and investors alike. With an average nightly rental for winter 2022 of $760 in Jindabyne, this development opportunity ensures outstanding investment returns. This return is magnified by a significant lack of accommodation options in the snowy region for workers, short term accommodation and tourists.
The NSW Government has identified Lake Jindabyne Village as a key strategic location in the Special Activation Precinct - Snowy Mountains Plan. This allows for expansion and growth of the Snowy Mountains Region and is a key driver to meet the significant growth in population and tourist visits for accommodation and leisure through to 2060.
The plan includes significant infrastructure upgrades including a town centre bypass (dropping traffic at the doorstep) and international sports precinct. A world class Mountain Biking and Adventure playground with over 100kms of trails and gondola lifts directly opposite the property, ensures it will maintain strong occupancy all year round with summer sports now a major key tourism driver for the Snowy Region. In addition there are major upgrades to the town streetscape, waters edge development, beach and significant transport upgrades to the snow fields.
A short 20-25 min drive directly to the ski fields of Thredbo and Perisher will make this location a high priority for accommodation and leisure services. The zoning allows for a range of uses - tourism accommodation, drink establishment, indoor and outdoor recreation and others covered under the SP3 zoning.
The Snowy Mountains precinct is known as the rooftop of Australia with a unique alpine landscape mid-way between Sydney and Melbourne and close to the nation’s capital, Canberra. Australia’s premier alpine winter and summer sports destination, with tourism the major economic driver and employer in the region.
The development will appeal to land developers, those wishing to develop and hold the entire site as tourist accommodation and services or a mix of both. There is already a strong investor appetite for available land now over $1000sqm in Jindabyne.
Buy now this truly remarkable region shaping development to the exclusive Burgess Rawson agents.
Highlights
+ Strategic NSW Government Activation Precinct Location
+ 21 Hectares (approx)
+ SP3 Tourist Zoning
+ 1.35 Million annual visitors by 2061
+ $1.37 Billion annual visitor expenditure by 2061
+ 3rd highest median house price increase in Australia
*all images are for illustration purposes only
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