38-40 Goulburn Street
Marulan, NSW 2579

Overview

38-40 Goulburn Street, Marulan

This property presents a remarkable opportunity, offered as a single parcel comprising a total land area of approximately 3,237 square meters. The land is level and free from easements, spanning two separate titles located in a prime position on Goulburn Street, just a short distance from the centre of Marulan.

One of the titles includes an existing cottage that requires substantial renovation, providing a blank canvas for those with vision and the desire to add value. The second title is a vacant block of land measuring around 1,618 square meters, offering exceptional flexibility for a variety of buyers including investors, developers, or those looking to enhance the property.

The potential uses for this property are extensive, subject to council approval (STCA). Options include subdividing the land into up to four lots, each exceeding 700 square meters, which could be ideal for development projects. Alternatively, one could build on the vacant block while retaining the existing cottage, or demolish the current structures to construct two new dwellings. Renovation and revitalisation of the existing home is also a viable path, as is selling off the vacant block separately or land-banking to capitalise on future growth in the area.

While the home itself requires work and is not presented in move-in condition, the potential return on investment is significant. Existing improvements on the property include a double garage, a water tank, an external laundry, a basic kitchen, and a retro bathroom featuring a pedestal basin and a deep bath with an overhead shower.

This property is perfectly suited to tradies, developers, investors, or first-home buyers who are looking to add value through renovation or development. Its location halfway between Sydney and Canberra adds to its appeal, with Marulan's ongoing growth making this an especially compelling opportunity for the future.

Location