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
Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.
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..
