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42 Railway Parade,
Mittagong 2575, New South Wales

8 bedrooms
4 bathrooms
4 car spaces
1,204m² land size
Block of Units

$1,530,000


Property details

Four units, single title, superb location

If you are looking for the perfect investment opportunity, look no further!

A prime location, just a stone's throw to Mittagong train station, cafes and shops, these four two-bedroom units offer affordable rental prices, no shortage of tenants and regular income. Solid brick construction, single-level units, all with individual access to water, gas and electricity.

Unit one and three are identical in layout, with unit two and four the mirror image. Each with two bedrooms, they are well suited to singles and couples. With the added benefit of your own internal laundry with storage, a good-size bathroom and a generous kitchen, they are highly sought-after rental properties. Buy to land bank and redevelop or renovate in years to come. Bursting with development potential, reap the benefits of this once in a lifetime investment opportunity.

Property Features
• Four two-bedroom units - one bedroom in each with built-in robe
• Internal laundries with access to the communal backyard
• Generous kitchens with lots of bench and storage space
• Good size living and dining area
• Gas bayonet connections for heating
• Single car covered carports
• Individually metered amenities-water, gas and electricity
• Corner block

Rental Prices
• Flat one - $360 pw
• Flat two - $380 pw
• Flat three - $290 pw
• Flat four - $330 pw

Land Details
• Council Rates - $3,300pa approx
• Water / Sewerage Rates: $4,480pa approx (usage in addition paid by tenants)
• Total block size 1204sqm approx
• Frontage 58.9sqm approx
• Width 20.9sqm approx
• One title/R3 zoning

Explore the area


School catchments

  • St Michael's Catholic Primary School Primary K-6 Catholic 0.67km
  • Mittagong Public School Primary K-6 Government 0.69km
  • Frensham Junior School Primary K-6 Independent 1.8km
  • Aurora Southern Highlands Steiner School Combined K-12 Independent 3.4km
  • St Thomas Aquinas Catholic Primary School Primary K-6 Catholic 3.6km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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