5243 Snowy Mountains HighwayAdaminaby NSW 2629
Property Details for 5243 Snowy Mountains Hwy, Adaminaby
Last Listing description (September 2018)
10 year lease to 2023.
2 x 10 year options to 2043.
Outstanding operator with 50+ outlets.
Busy convenience store with speciality fishing section.
Close to tourist hot spot of Yarangabilly Caves.
Adaminaby: home of the Big Trout and arguably Australia s best trout fishing.
Snowy Mountains Highway: linking Hume Highway with Cooma, Jindabyne and the Sapphire Coast.
1,150 sqm land area with 120 sqm building area.
Outstanding starter investment.
Tenant pays all outgoings (as per lease).
Deposit: 3 months bond plus Westside Directors personal guarantee.
Minimum annual rent increases of 3% (minimum income $52,190 in 2022).
Net Income: $45,020 pa + GST.
Property History for 5243 Snowy Mountains Hwy, Adaminaby, NSW 2629
- 15 May 2025Sold for $720,000
- 28 Jun 2018Sold for $643,000
- 21 Jun 2017Listed for Sale by negotiation
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0About 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 2016 was 301 people. By 2021 the population was 339 showing a population growth of 12.6% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Adaminaby work in a managers occupation.In 2021, 76.30% of the homes in Adaminaby were owner-occupied compared with 80.50% in 2016.
Adaminaby has 405 properties. Over the last 5 years, Houses in Adaminaby have seen a 47.58% increase in median value, while Units have seen a 52.88% increase. As at 30 November 2025:
- The median value for Houses in Adaminaby is $397,724 while the median value for Units is $983,443.
- Houses have a median rent of $490.
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