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79 Megalong Street
Leura, NSW 2780

Price Guide: $1,000,000

House 3 beds 1 bath 1369 m²
Listed Date: 29th May 2026
Overview

79 Megalong Street, Leura NSW

Positioned within easy walking distance to the charm and convenience of Leura Mall, this early 1900s weatherboard cottage presents a rare opportunity to secure a substantial landholding in one of South Leura's most tightly held locations.

Set on an impressive approximately 1,368 square meter flat block, the property's true value lies in its exceptional future potential. Zoned R2 Low Density Residential, the site offers flexibility for a range of possibilities including potential subdivision, secondary dwelling construction, or further development opportunities, all subject to council approval. Opportunities of this scale and zoning, so close to a thriving village centre, are becoming increasingly difficult to find in the Blue Mountains.

The existing cottage is undeniably a project and requires significant renovation; however, the character and bones of a classic mountains weatherboard remain. For buyers with vision, creativity, and ambition, there is enormous scope to restore and revitalise the home while capitalising on the generous parcel of land.

The current layout comprises three bedrooms, one bathroom, a kitchen and dining area, and a spacious living room, along with a charming wrap-around verandah and ample off-street parking.

Whether you are a developer, investor, builder, or renovator seeking your next project, 79 Megalong Street offers a unique combination of location, land size, and development flexibility in a premium South Leura setting.

This is a rare chance to unlock the potential of a landmark site in one of the Blue Mountains' most desirable villages.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
Price Guide: $1,000,000
Auction Price Guide: $1,000,000
Location
79 Megalong Street
Leura NSW 2780
Market Insights for Leura NSW 2780
New Listings (last 30 days)
7
Average price
$1,264,714
Lowest price
$595,000
Highest price
$1,999,000
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