26 Banksia Street
Bowral, NSW 2576

Overview

Approved DA Subdivision in Prestigious Old Bowral with Elevated Views

This property is a rare opportunity located in the heart of Old Bowral, offering a substantial elevated landholding of 1,448 square meters with an approved Development Application (DA) to subdivide the land into two approximately 700 square meter lots. The elevated position provides sweeping and picturesque views of Mt Gibraltar, enhancing the appeal of this site for both immediate living and future development potential.

The existing residence on the property is a solid brick veneer home constructed in 1969. It features two bedrooms and a sunlit study area that can serve as a potential third bedroom, catering to flexible living arrangements. The home includes a centrally located bathroom, a spacious kitchen designed for functionality, and a large living area that offers comfortable family living.

Outdoor amenities include an elevated porch that takes advantage of the views, a private rear garden surrounded by established trees providing privacy and a natural setting, and a single garage equipped with a workshop space, ideal for hobbyists or additional storage.

This property represents a unique chance to acquire a significant parcel of land with subdivision approval in one of Bowral's most sought-after and tightly held neighborhoods. It is well suited for developers looking to capitalize on the subdivision potential, investors seeking a valuable asset, or individuals aiming to build their dream home in a prestigious location.

Key features of the property include:

• Large 1,448 square meter parcel situated in the coveted Old Bowral area with approved DA for subdivision into two lots of approximately 700 square meters each.
• Elevated site offering expansive views of Mt Gibraltar, enhancing the living experience and potential resale value.
• Two bedrooms plus a north-facing study that can be utilized as a third bedroom, providing versatile accommodation options.
• Multiple living areas featuring timber floors and a solid brick construction, ensuring durability and classic appeal.
• Single garage with an attached workshop and a private rear garden, offering practical outdoor and storage solutions.

This property combines the benefits of immediate liveability with excellent development prospects, making it an exceptional opportunity in the Bowral real estate market.

Location