PRD Tumbarumba

20 The Parade Street Tumbarumba, NSW, 2653

02 6948 2182

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Did Someone Say Income All Year Round?

Did Someone Say Income All Year Round?

Property ID: 943248

KHANCOBAN Lot 2 Mitchell Street

For Sale $799,000

Land Size: 8938 sqm Property Size: 220 sqm

Khancoban Rose Holiday Units
Gateway to Kosciuszko National Park

Ready for semi retirement or motivated by income growth potential?
An opportunity exists to purchase 5 x 2 bedroom units with 3.5 star rating
• Fully self contained
• Gas heating + air conditioning
• Covered gas and BBQ area
• Huge 8938m2 block (over 2 acres)
• Room for more units or even your dream home with stunning views (subject to council approval)
• High occupancy rate from families + regular contractors throughout the week
• Clean and comfortable
• Excellent reviews noting the cleanliness and comfortability

So much potential for further growth and development. Make use of the extra land by developing it further to enhance the current clients stay, build extra units or build your dream home high on the hill overlooking Khancoban Pondage and a stunning mountain backdrop. This business has now been operating successfully for 27yrs by the same owners and is the first time it has been offered for sale. Moving from the hussle and bussle of Melbourne the owners have made a life of comfort and enjoyment from minimal work, some great vision and good old country hospitality.

Khancoban is situated in a beautiful picturesque valley surrounded by what is known as the Kosciuszko main range or the western side of the Snowy Mountains. Affectionately known as the capital of fly fishing the area is a mecca for those chasing the ultimate trout trophy. With the Kosciuszko National Park just metres from the boundary of this property there are literally hundreds of kilometres of walking or bike trails for the avid bushwalker or rider not to mention the abundant flora and fauna to enjoy.

This welcoming village was constructed to house workers building the Snowy Mountains Hydro Electric Scheme, Australia's largest engineering project and is now a retirees haven. The architecture from those early days is still evident in the distinct Alpine inspired shopping centre reminiscent of many 'hydro' towns.

This sale is as much about providing your own income as it is about enjoying your time off in one of the most scenic parts of Australia. If this year has made you want to jump off the roller coaster then this must be the opportunity you have been looking for.

Why do people choose to stay at the Khancoban Rose Holiday Units?
Opposite the historic Lady Hudson Rose Garden
The sweeping country mountain views
The peaceful lifestyle of the village
Fishing
Water Skiing in the lake
Easy drive to snowfields
Bush-walking
Tumba to Rosewood Rail Trail (40min approx)

Location:
Corryong 20mins, Tumbarumba 40mins & Albury 90mins are where locals go to do major shopping or visit doctors and specialists
• Jindabyne is 110 km for snow skiing and adrenaline sports such as mountain biking
• Thredbo is 78 km for snow skiing & hiking Mt Kosciuszko during the summer months
• Sydney is 540km
• Melbourne is 470km

Land Size: 8938m2
Khancoban Population: 304
Zoning: Zone RU5 Village

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Open for inspection times

Suburb Profile

Median House Price

157500

Suburb Growth

-
Peak Sale Month - June
Peak Sales - 2