OFF MARKET

44-46 Bowral Road
Mittagong NSW 2575

Bedrooms: 10
Bathrooms: 5
Car spaces: 6
Floor area: 73m2
Land area: 1328m2
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Property Details for 44-46 Bowral Rd, Mittagong

44-46 Bowral Rd, Mittagong is a 10 bedroom, 5 bathroom Unit with 6 parking spaces and was built in 1987. The property has a land size of 1328m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1987
Floor Size
73m2
Land Size
1328m2
Local Government
Wingecarribee
Lot/Plan
10/4/DP1289

Last Listing description (September 2024)

An exceedingly rare opportunity to secure 5 x townhouses on 2 Torrens Title lots totalling 1,330 m2 land size, to be sold "in one line". Zoned R3 medium density, commercial or residential (SMSF) investors are encouraged to consider this "in town" group of dwellings for a multitude of purposes.

Suggested options:

- Enjoy five secure long term existing AAA residential tenancies

- Construct 3 additional townhouses, with UG parking (STCA)
- Utilise the 10 bedrooms, 5 studies, 5 bathrooms, 10 WC's plus 8 x car parking for groups seeking holiday accommodation (wedding parties/golfing groups etc).
- Motel ? Boutique hotel (STCA)
- Apply for strata registration (STCA)
- Potential development site for private hospital, aged care, assisted living or nursing home (STCA)
- Take advantage of the central location to establish medical/professional consulting rooms, with other professional collaborative facilities close-by (STCA).

Key Features:

- Wide dual street frontages
- 2 x Regular shaped blocks 15.24m x 43.635m/43.77m
- 5 x 2-bedroom plus study townhouses with 1.5 x bathrooms and 1 x (allocated) carport plus visitor parking
- All offer fenced exclusive front & rear courtyards
- Benefit of Torrens Title (no strata levies)
- Double Brick construction on lower levels
- All freshly carpeted throughout & all enjoy new curtains and blinds
- No.'s 1,2 & 3 are in tidy/clean original condition with new carpet, curtains and blinds
- No's 4 & 5 enjoy new kitchens/bathrooms/laundries, carpeting, curtains and paintwork
- Matching designer bathroom materials included in sale for future renovation of No's 1,2 & 3 eg; 6 x new toilets, 3 x freestanding bathtubs, 3 x wall mounted vanities & ample floor tiles
- New instantaneous gas hot water systems in 4 x dwellings and plumbing in place for the 5th if required
- Located within central Mittagong township and four minutes' walk to Railway Station offering an express service to Sydney

Each townhouse presents the exact same floor plan. Extensive landscaping has been undertaken with the addition of brick paved courtyards, post & rail dog-proof fencing, bespoke decorative gates and native & exotic plantings. Externally, all guttering and stormwater replaced, colonial timber handrails replaced, new V groove entry ceilings installed, all timber surfaces have been freshly painted, privacy screens added and security sensor lighting installed and individual low voltage garden lighting and security gates installed.

The site is zoned R3 medium density and is literally 120 meters away from Mittagong Health Care Centre, Mitre 10, McDonalds & Dan Murphys. Access is from Bowral Road at the front or Regent Lane at the rear.

As the northern gateway to The Southern Highlands, Mittagong is perfectly located with quick and easy access to the Hume Motorway, back to Sydney. It is a vibrant and thriving community with schools, medical facilities, major supermarkets and a wide array of cafes and restaurants. The area continues to attract a steady stream of purchasers, holiday makers and tenants from the major cities including Canberra. This is an opportunity not to be missed, first time offered to the market from the current owner.

For more information on this offering, please contact Craig Symons on 0418 206 373.

Property History for 44-46 Bowral Rd, Mittagong, NSW 2575

A timeline of how this property has performed in the market
Last Sold
$2,200,000
18 May 2021
Listed for Rent
$390/w
19 Aug 2021
  • 22 Aug 2024
    Listed for Sale Not Disclosed
  • 26 Jul 2021
    Listed for Rent $390 / week
  • 18 May 2021
    Sold for $2,200,000
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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 57.20% increase in median value, while Units have seen a -10.98% decrease. As at 30 September 2024:

  • The median value for Houses in Mittagong is $1,026,526 while the median value for Units is $677,408.
  • Houses have a median rent of $600 while Units have a median rent of $465.
There are currently 32 properties listed for sale, and 9 properties listed for rent in Mittagong on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Mittagong.

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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.