30 Railway Parade

Mittagong NSW 2575

4 carport spaces are located to the rear, along with a good-sized lawn area
Fantastic long-term investment opportunity and a solid financial plan for the future
With Medium Density Residential zoning, the potential exists to redevelop (STCA)
Conveniently located a short stroll to the train station and Mittagong's vast array of leisure and lifestyle amenities
120 meter (2 mins) walk to Mittagong train station
Opportunity to convert to Strata title and re-sell individually
Long-standing tenancies and low vacancy factor

Whether you're looking to secure your family's financial future, or exploring options to fund your retirement, the potential for passive income creation here is incredible and being Torren's Title also affords you management autonomy. Perhaps you're a developer who can see the benefit of capitalising on the great location on offer here. This is an opportunity that does not present itself often!

What really sets this fantastic property apart is its proximity to the heart of Mittagong Village. An ever-growing array of cafes, restaurants and boutique shops will all be within strolling distance, not to mention the ease of commuting with the train station nearby. The beautiful Lake Alexandra reserve is only a short distance away, as are the excellent walking trails of Mount Gibraltar.

Gross Annual Return currently - $79,560.00 approximately

Annual Outgoings
Water Rates - $5,555.00 approximately
Council Rates - $2,855.00 approximately
Insurance - $2,800.00
Management Fees - $3,840.00

** Please note photos have been digitally staged **