Residential
Explore
For sale
32 Railway Parade,
Mittagong 2575, New South Wales
Price Guide $1,550,000 - $1,650,000
Property details
-
Agents
Features
- DA APPROVED
- THE PROPERTY WAS FULLY RENOVATED IN EARLY 2024 WITH AN EXTENSION
Prime Childcare & Multi Dwelling Development Opportunity
Positioned in central Mittagong, 32 Railway Parade offers an opportunity to secure a refurbished home with substantial rear land and several potential development pathways. Set on approximately 1,125sqm of level land with R3 Medium Density Residential zoning, the property also comes with DA approval for an 83-place childcare centre.
With the existing residence positioned towards the front of the block, there is potential to subdivide and sell the home separately, releasing capital while retaining the rear land for future development, (STCA). For buyers considering a staged investment, this presents an opportunity to landbank the rear portion and explore the addition of three two-storey townhouses while retaining the existing home, (STCA).
The recently refurbished residence features three bedrooms, two bathrooms, an updated kitchen and a 13.7kW solar system. It offers immediate scope for occupation or rental income while subdivision and development plans are explored.
Alternatively, the approved childcare development provides another pathway for the site, with plans for a two-storey, 83-place centre incorporating dedicated learning rooms, outdoor play spaces and basement parking for 24 vehicles.
Approximately 100 metres from Mittagong railway station and within walking distance of the town centre, schools and shops, this is a versatile opportunity for developers, childcare operators and investors seeking both immediate use and longer-term potential.
Property Highlights:
• Approximately 1,125sqm of level land with a north-facing aspect
• R3 Medium Density Residential zoning
• Potential to subdivide and sell the existing home, retaining the rear land for future development (STCA)
• Potential to retain the residence and develop three two-storey townhouses (STCA)
• DA approval for an 83-place childcare centre with 24 basement car spaces
• Refurbished three-bedroom, two-bathroom residence with a 13.7kW solar system
• Approximately 100 metres from Mittagong railway station
Subdivision, separate sale of the existing residence and townhouse development are subject to council approval.
Disclaimer:
All information in this advertisement is provided in good faith and sourced from parties we believe to be reliable. However, we make no representation or warranty as to its accuracy or completeness. Prospective purchasers should conduct their own investigations and enquiries to verify any information of interest. All dimensions are approximate. Some images may have been digitally enhanced, staged, or styled and may not represent the property's actual appearance.
With the existing residence positioned towards the front of the block, there is potential to subdivide and sell the home separately, releasing capital while retaining the rear land for future development, (STCA). For buyers considering a staged investment, this presents an opportunity to landbank the rear portion and explore the addition of three two-storey townhouses while retaining the existing home, (STCA).
The recently refurbished residence features three bedrooms, two bathrooms, an updated kitchen and a 13.7kW solar system. It offers immediate scope for occupation or rental income while subdivision and development plans are explored.
Alternatively, the approved childcare development provides another pathway for the site, with plans for a two-storey, 83-place centre incorporating dedicated learning rooms, outdoor play spaces and basement parking for 24 vehicles.
Approximately 100 metres from Mittagong railway station and within walking distance of the town centre, schools and shops, this is a versatile opportunity for developers, childcare operators and investors seeking both immediate use and longer-term potential.
Property Highlights:
• Approximately 1,125sqm of level land with a north-facing aspect
• R3 Medium Density Residential zoning
• Potential to subdivide and sell the existing home, retaining the rear land for future development (STCA)
• Potential to retain the residence and develop three two-storey townhouses (STCA)
• DA approval for an 83-place childcare centre with 24 basement car spaces
• Refurbished three-bedroom, two-bathroom residence with a 13.7kW solar system
• Approximately 100 metres from Mittagong railway station
Subdivision, separate sale of the existing residence and townhouse development are subject to council approval.
Disclaimer:
All information in this advertisement is provided in good faith and sourced from parties we believe to be reliable. However, we make no representation or warranty as to its accuracy or completeness. Prospective purchasers should conduct their own investigations and enquiries to verify any information of interest. All dimensions are approximate. Some images may have been digitally enhanced, staged, or styled and may not represent the property's actual appearance.
Inspections
Explore the area
School catchments
- Frensham School Secondary 7-12 Independent 0.28km
- St Michael's Catholic Primary School Primary K-6 Catholic 0.63km
- Mittagong Public School Primary K-6 Government 0.71km
- 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 7.2km
- 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 30.4km
- 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.
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.
Photos
Contact Rick Mooney
Contact Rick Mooney
Rick Mooney
32 Railway Parade, Mittagong NSW 2575
Request a callback
Rick Mooney
32 Railway Parade, Mittagong NSW 2575