SOLD
Sold on 09 Mar 2024 for $1,330,000

1 Edward Street
Mittagong NSW 2575

Bedrooms: 5
Bathrooms: 4
Car spaces: -
Land area: 1013m2
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Property Details for 1 Edward St, Mittagong

1 Edward St, Mittagong is a 5 bedroom, 4 bathroom House. The property has a land size of 1013m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Mittagong in the last 12 months.

Building Type
House
Land Size
1013m2
Local Government
Wingecarribee
Lot/Plan
101/DP1163283

Last Listing description (June 2024)

Savvy investors and property developers will be drawn to this rare opportunity to own a stunning period cottage in the heart of Mittagong. The property includes four self-contained tenanted units, embraced by a quarter-acre of prime real estate, this is a solid and prized investment offering not to be missed.

- Three one-bedroom units and one unit with one bedroom plus study/second bedroom, all with living area, kitchen and bathroom
- These in-demand units are recently renovated, well-maintained, presented and ideal for singles, couples or downsizers seeking an easy-care, comfortable lifestyle close to everything

- 2 carports and one common-use laundry with generous outdoor space
- Great proximity to the Lake Alexandria and the shops and cafes of Mittagong
- Potential for further development or capitalisation of the property's potential (STCA)
- Quadruple car garage (currently tenanted)
- Significant rental return (all units currently tenanted)

Don't miss this chance to invest in this premium property in the real estate market of the Southern Highlands.

Link to register to bid:
https://buy.realtair.com/properties/121262

For further information, please contact Ben Olofsen on 0419 019 423 or Stephanie Blatch on 0499 111 465.

** Photos have been edited to remove tenants furniture and belongings for privacy reasons.

Disclaimer: While we make every effort to ensure that the information, we provide is correct and up-to-date, we do not warrant its accuracy or reliability. Interested parties should exercise their own independent skill and judgement before they rely on it. In any important matter, you should seek professional advice relevant to your own circumstances. Interested parties should rely on their own enquiries.

Property History for 1 Edward St, Mittagong, NSW 2575

A timeline of how this property has performed in the market
Last Sold
$1,330,000
09 Mar 2024
  • 09 Mar 2024
    Sold for $1,330,000
  • 06 Feb 2024
    Listed for Sale Not Disclosed
  • 09 May 2020
    Listed for Rent $250 / week
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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 3,676 properties. Over the last 5 years, Houses in Mittagong have seen a 66.01% increase in median value, while Units have seen a 1.63% increase. As at 31 July 2024:

  • The median value for Houses in Mittagong is $1,033,390 while the median value for Units is $609,857.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 31 properties listed for sale, and 8 properties listed for rent in Mittagong on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Mittagong.

Suburb Insights for Mittagong 2575

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.