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House for Sale in Adaminaby
Set amd forget investment opportunity
- 3 Beds
- 2 Baths
- 1 Car
Located in the heart of Adaminaby, 32 York Street presents a compelling investment opportunity combining reliable income, flexibility, and long-term potential.
Currently leased until March 2027 at $550 per week, this property delivers immediate, stable returns with a quality tenant in place-making it an ideal set-and-forget addition to any investment portfolio.
Set on a single title, the property comprises two separate dwellings, enhancing versatility and future upside.
Main Cottage - Renovated & Rent-Ready
Originally relocated from Old Adaminaby in 1957, the main two-bedroom cottage was comprehensively renovated in 2018, preserving character while meeting modern rental expectations.
Upgrades include:
New Colorbond roof, gutters, insulation, and external cladding
New plasterwork, updated flooring, and carpeted bedrooms
Wood heater, reverse-cycle heating and cooling, and ceiling fan
Light-filled sunroom overlooking York Street
The custom kitchen is well-appointed with built-in cabinetry, induction cooktop, double dishwasher, wine fridge, and modern appliances-features that support strong tenant appeal.
A contemporary bathroom includes built-in storage, IXL heat/light, and heated towel rails.
Low-maintenance landscaped gardens (completed between 2020-2024) feature fruit trees, perennials, and roses, while a lockable wood and tool shed (2023) adds practical storage.
Guesthouse - Added Value & Future Upside
The separate guesthouse, partially renovated in 2019, includes:
One bedroom with fresh plasterwork
Living and kitchen area
Secure garage/shed with ample storage
This second dwelling offers scope for future rental diversification (STCA), multi-income potential, or increased returns down the track.
Investment Highlights:
Leased until March 2027
$550 per week rental return
Two dwellings on one title
Strong regional rental demand
Low-maintenance improvements already completed
A solid regional investment with income today and flexibility for tomorrow. Enquire now for further details..
1 garage space
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