FOR SALE
Boston Ivy Auction Reserve $1.8m-Vendor

107 Main Street
Mittagong NSW 2575

Bedrooms: 1
Bathrooms: 1
Car spaces: 8
Land area: 700m2
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Boston Ivy Building - Auction Reserve $1.8m -Vendor Says Sell

AUCTION ON SITE 2PM SATURDAY 14TH DECEMBER 2024 if not sold prior
"The Boston Ivy 1880"
Step into the charm and character of the Boston Ivy Building, a heritage gem in the heart of Mittagong. This iconic property is a rare find, blending historical significance with modern versatility. Zoned Commercial E1 and occupying 774sqm of flat land these opportunities rarely arise.
Key Features:
Top-Level One Bedroom Apartment
Currently utilized as a successful Airbnb, this stylish flat provides a lucrative income stream. With cozy interiors and stunning views of Mittagong, it’s a perfect retreat for travelers seeking a slice of Southern Highlands charm.
Long-Term Tenanted Cafe
The ground floor is leased to a thriving caf&aecute;, offering a secure and healthy rental return. Patrons enjoy the delightful courtyard, perfect for dining, meeting up, or relaxing over coffee. The cafe pays $1500 a week rent.
Ample Rear Parking
The property includes spacious parking at the rear, ensuring convenience for tenants, customers, and visitors alike.
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Property Details for 107 Main St, Mittagong

107 Main St, Mittagong is a 1 bedroom, 1 bathroom House with 8 parking spaces. The property has a land size of 700m2. The place is currently for sale with LJ Hooker Bowral.

Building Type
House
Land Size
700m2

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About Mittagong 2575

The size of Mittagong is approximately 60.5 square kilometres. It has 12 parks covering nearly 20.4% of total area. The population of Mittagong in 2011 was 5,720 people. By 2016 the population was 5,756 showing a population growth of 0.6% in the area during that time. The predominant age group in Mittagong is 10-19 years. Households in Mittagong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mittagong work in a professional occupation. In 2011, 69.8% of the homes in Mittagong were owner-occupied compared with 69.3% in 2016.

Mittagong has 3,689 properties. Over the last 5 years, Houses in Mittagong have seen a 60.68% increase in median value, while Units have seen a 29.43% increase. As at 30 November 2024:

  • The median value for Houses in Mittagong is $1,026,050 while the median value for Units is $717,872.
  • Houses have a median rent of $620 while Units have a median rent of $488.
There are currently 33 properties listed for sale, and 15 properties listed for rent in Mittagong on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Mittagong.

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Sophie Desprez
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LJ Hooker Bowral
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