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.
