FOR SALE
Expressions Of Interest (Closing 18th October)

11 Mundy Street
Goulburn NSW 2580

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1878m2
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Prime DA-Approved Development Opportunity

Prime DA-Approved Development Opportunity
33 Room Self-Contained Boarding House
Presenting an exceptional opportunity to acquire a DA-approved site designed for a 33-room self-contained boarding house. This development is ideally suited for investors looking to tap into a high-demand rental market with excellent rental returns.
- Each unit is thoughtfully designed with privacy and comfort in mind, offering fully equipped amenities.
- Rental Apprasial per unit $250 p/w
- Two of the units are fully accessible, catering to tenants with special mobility needs.
- The site also includes a self-contained manager's residence, providing on-site management and oversight.
This is also a rare chance to secure a large block of land in close proximity to the CBD, an opportunity that is becoming increasingly harder to find. This site is perfect for those looking to develop a high-yielding asset in a sought-after location. Don't miss out on this DA-approved project, ready for immediate construction!

Property Details for 11 Mundy St, Goulburn

Building Type
Land
Land Size
1878m2

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About Goulburn 2580

The size of Goulburn is approximately 55.5 square kilometres. It has 57 parks covering nearly 8.4% of total area. The population of Goulburn in 2011 was 21,092 people. By 2016 the population was 22,398 showing a population growth of 6.2% in the area during that time. The predominant age group in Goulburn is 50-59 years. Households in Goulburn are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Goulburn work in a community and personal service occupation. In 2011, 65.2% of the homes in Goulburn were owner-occupied compared with 63% in 2016.

Goulburn has 13,830 properties. Over the last 5 years, Houses in Goulburn have seen a 52.68% increase in median value, while Units have seen a 35.46% increase. As at 31 August 2024:

  • The median value for Houses in Goulburn is $570,921 while the median value for Units is $393,833.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 174 properties listed for sale, and 81 properties listed for rent in Goulburn on OnTheHouse. According to CoreLogic's data, 693 properties were sold in the past 12 months in Goulburn.

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Dale Cummins
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Ray White Goulburn
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