Secure Your Future with this Prime Investment Opportunity

Presenting an exciting opportunity in a fabulously located Mittagong pocket, this Torren's Title 4-units apartment block could be your key to long-term financial freedom. Having been built at a time where quality was paramount, the block's solid brick construction has ensured it has stood the test of time and as such it presents extremely well. Comprising four substantially sized apartments, each apartment benefits from a balcony and a covered car space to the rear.

• Well-maintained apartment block of four spacious units, placed on a 1060sqm parcel
• The block comprises 2 x 2-bedroom apartments and 2 x 3-bedroom apartments, each with balconies and internal laundries
• 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 **

Explore the area

School catchments

Frensham School Secondary 7-12 Independent 0.25km
St Michael's Catholic Primary School Primary K-6 Catholic 0.63km
Mittagong Public School Primary K-6 Government 0.73km
Frensham Junior School Primary K-6 Independent 1.9km
Aurora Southern Highlands Steiner School Combined K-12 Independent 3.5km
St Thomas Aquinas Catholic Primary School Primary K-6 Catholic 3.7km
Bowral Public School Primary K-6 Government 4.2km
Bowral High School Secondary 7-12 Government 4.6km
Southern Highlands Christian School Combined K-12 Independent 5.7km
Colo Vale Public School Primary K-6 Government 6.3km
Chevalier College Secondary 7-12 Independent 7.1km
Oxley College Combined K-12 Independent 7.3km
Glenquarry Public School Primary K-6 Government 8.3km
Berrima Public School Primary K-6 Government 10.6km
Hill Top Public School Primary K-6 Government 11.6km
Moss Vale High School Secondary 7-12 Government 12.4km
St Paul's Catholic Primary School Primary K-6 Catholic 12.6km
The King's School, Tudor House Primary Independent 12.7km
St Paul's International College Secondary 7-12 Independent 13.0km
Moss Vale Public School Primary K-6 Government 13.2km
Wollondilly Anglican College Combined K-12 Independent 25.1km
Calderwood Christian School Combined K-12 Independent 30.3km
The Scots College, Glengarry campus Secondary Independent 30.6km
Dapto High School Secondary 7-12 Government 31.3km
St Joseph's Catholic High School Secondary 7-12 Catholic 31.9km
Picton High School Secondary 7-12 Government 32.3km
Albion Park High School Secondary 7-12 Government 32.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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