32 York Street, Adaminaby NSW 2629

Property Details: • Type: House

• Bedrooms: 3 • Bathrooms: 2

Description: 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..