32 Diggings TerraceThredbo NSW 2625
Property Details for 32 Diggings Tce, Thredbo
Last Listing description (May 2026)
Perched in the heart of Thredbo with uninterrupted mountain views from every guest room, Candlelight Lodge is a true alpine originalrich in character, steeped in history, and brimming with opportunity. Since 1958, it has welcomed generations of snow lovers with its warm Austrian-inspired hospitality, hearty European mountain fare, and one-of-a-kind ambiance.
Accommodation:
With 45 licensed beds across 14 guest roomsall with mountain views and 11 with balconiesCandlelight offers a flexible mix of doubles, triples, and multi-share configurations, ideal for couples, families, and groups. Each room features flat-screen TVs, tea/coffee facilities, bar fridges, and bespoke Austrian furnishings. Three bathrooms have been recently upgraded, with materials on hand for a fourth. Staff rooms present further income potential if converted for guest use.
The 45-seat restaurant is a local favourite, booked out weeks in advance during winter. Guests enjoy generous portions of classic alpine dishesSwiss fondue, French La Potence, Bavarian schnitzel, and Austrian Tiroler Grstlserved in a warm, wood-accented setting. The adjoining Stubl private dining room (seating 10) and a vintage French gondola-turned-dining-pod offer unique experiences yet to be fully capitalised on. The bar, styled as a German Weissbier and Schnapps Bar, is licensed to midnight and spills out onto a sun-drenched balcony in summer. With early and late seatings, the venue regularly exceeds 110 covers per night in peak season.
Facilities & Features:
- Spacious, upgraded commercial kitchen with modern appliances
- Guest sauna, table tennis room, and multiple outdoor decks
- Separate Starlink guest Wi-Fi and admin network
- Secure ski and bike storage with tuning bench and heated boot room
- Laundry with commercial washers/dryers and ample linen storage
- $80,000 heating system upgrade ensures unlimited hot water
- Three on-site car parks and potential for paid parking or smart space reuse
- Authentic Euro touches: hand-carved Austrian tree sculpture, antique lamp posts, and a Ramshead chairlift seat at the entrance
Operational Highlights:
- Lease secured until 2057
- On-premises liquor license with extended coverage to balcony and bar
- Flexible reception hours with personal guest service
- Strong winter trade with scope to grow summer and shoulder season revenue via breakfast, lunch, and public dining
Candlelight Lodge is the only commercial lodge in Thredbo that has preserved the villages original alpine charm. With only three owners since 1957, its a legacy property ready for its next chapterwhether as a boutique alpine retreat, a culinary destination, or a lifestyle investment with room to grow.
Property History for 32 Diggings Tce, Thredbo, NSW 2625
- 21 May 2026Listed for Sale $3,950,000
About Thredbo 2625
The population of Thredbo in 2016 was 574 people. By 2021 the population was 405 showing a population decline of 29.4% in the area during that time. The predominant age group in Thredbo is 20-29 years. Households in Thredbo are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Thredbo work in a managers occupation.In 2021, 45.10% of the homes in Thredbo were owner-occupied compared with 23.60% in 2016.
Thredbo has 450 properties. Over the last 5 years, Units in Thredbo have seen a 38.45% increase in median value. As at 30 April 2026:
- The median value for Units in Thredbo is $899,038.
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