Property Details for 61 Old Hume Hwy, Braemar
Last Listing description (September 2023)
LAWD and Colliers are delighted to present for sale, via Expression of Interest, "Kamilaroi" Estate 61 Old Hume Highway Braemar NSW, a prime residential subdivision site with close reach to the Sydney metropolitan area.
This is an unparalleled opportunity to capitalise on a prime 17.31ha* Low Density Residential site with and expansive 339.6m* road frontage. The site offers DA approval for 129 residential lots (ranging in size from 451-1,078sqm*)
The approval also includes 2 super lots to the front of the site offering short term income and future redevelopment opportunities to be explored. The historic "Kamilaroi" House and extensive gardens offer a unique entrance statement to the estate.
Don't miss your opportunity to develop a unique residential project in the prestigious and undersupplied Southern Highlands market.
Key Property Features
17.31ha* site in a prominent location featuring a 339.6m* frontage.
R2 Low Density Residential Zoning.
DA approved for 129 residential lots. (Lots available from approximately 451sqm to 1078sqm. An average of approximately 650 sqm.)
Elevated site with predominantly level to steady gradient lots together with picturesque mountain backdrops.
An additional 2 leased residential superlots to the front (Historic "Kamilaroi" House, gardens and showrooms) offering a range of redevelopment opportunities including residential, childcare and seniors living STCA.
Short term annual rental Income of $104,106* pa net (front superlots)
Located in Braemar a major growth suburb close to the Mittagong Rail Station (approx 3.5 kilometres) and prestigious Bowral Town Centre (approx. 7 kilometres)
A rural lifestyle but yet relatively close to convenient metropolitan Sydney centres (113km* approx. to the Sydney CBD, 77km* to the Liverpool CBD and 60km* to the Campbelltown).
Large scale approved subdivision in an undersupplied Southern Highlands residential land market.
The property is offered for sale by Expression of Interest closing 3pm (AEST) Wednesday 3 May 2023.
Contact for further details:
LAWD
Andrew Graham ph 0412 448 455
Joseph Yang ph 0431 301 635
Colliers
John Carney ph 0434 561 914
*Approx.
Property History for 61 Old Hume Hwy, Braemar, NSW 2575
- 22 Mar 2023Listed for Sale Contact Agent
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0About Braemar 2575
The size of Braemar is approximately 2.3 square kilometres. It has 1 park covering nearly 1.7% of total area. The population of Braemar in 2011 was 311 people. By 2016 the population was 436 showing a population growth of 40.2% in the area during that time. The predominant age group in Braemar is 0-9 years. Households in Braemar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braemar work in a professional occupation. In 2011, 81% of the homes in Braemar were owner-occupied compared with 74.4% in 2016.
Braemar has 627 properties. Over the last 5 years, Houses in Braemar have seen a 57.87% increase in median value. As at 31 October 2024:
- The median value for Houses in Braemar is $1,080,520 while the median value for Units is $625,229.
- Houses have a median rent of $713.
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