3 Mclure Circuit Jindabyne NSW 2627

Prime central site | Motel license with income | 1,031m² vacant land | SP4 Enterprise zoning with no FSR limit This property offers a rare combination of immediate income and significant redevelopment optionality. The existing motel complex, with its separate strata titles and motel license, provides cash flow while the vacant land and generous SP4 zoning without floor space ratio constraints create a strong future value uplift opportunity. It is best suited to a buyer with medium-term development ambitions who wants income to offset holding costs. The primary risk is the property’s current underperformance outside winter, which means the buyer must either actively manage seasonal occupancy or accept lower year-round returns. The vacant lot can be purchased separately, offering flexibility to reduce capital outlay. The commercial logic is to hold the income-producing motel while the vacant land appreciates, then develop or sell when zoning value crystallises. Use the property as a land bank that pays for itself.