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83 Main Street, Mittagong NSW 2575

$3.9M - $4.1M + GST

Search Band Search Visibility Band

$4M - $4.25M High Confidence Calculated based on strong search observations.

House 8 Beds 9 Baths 6 Cars 1094 m²

Listed: 53 days ago

Updated: 20 days ago

Overview

Located in the heart of Mittagong, this iconic heritage property, known as The Old Bank, offers a distinctive blend of historic character and modern luxury across an expansive 1,094 square metre site. Originally built in the 1880s and meticulously restored, it preserves stunning period features such as grand cedar staircases, original tessellated tiles, ornate cornices, and multiple marble fireplaces, while incorporating contemporary comforts like double-glazed windows and reverse-cycle air conditioning.

The property's versatile accommodation includes eight bedrooms and nine bathrooms, with five guest suites featuring marble or granite ensuites and underfloor heating, alongside self-contained studio, cottage, and converted stables. This generous layout serves various purposes, from boutique accommodation currently operating on site to potential future uses like luxury guesthouse, wedding venue, corporate retreat, private residence, or professional suites, subject to approvals.

Entertaining is enhanced by sandstone terraces and courtyard areas, a formal lounge, sitting room, dining/function space, and a commercial-grade kitchen equipped with granite benchtops and gas cooking facilities. The characterful wine cellar, housed within the original bank vault dating back to 1852, adds a unique touch suited for enthusiasts and entertainers alike.

Secure off-street parking and modern amenities including laundry facilities, keyless entry, and a back-to-base security system provide convenience and peace of mind. Surrounded by award-winning restaurants, galleries, boutiques, wineries, and national parks, the location supports an enviable lifestyle with attractive local amenities and recreational opportunities.

This exceptional property, with approval for subdivision into three strata titles, offers a rare investment or owner-occupier opportunity to acquire a distinguished Southern Highlands landmark combining heritage charm, flexibility, and strong lifestyle appeal.

Local Market Insights

In Mittagong, Quiet Listings observed 27 new houses entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $1,607,522. The property type mix of listed properties is predominantly Houses at 93%, followed by land (7%). The most active agency for houses in the Mittagong area is currently Ray White, representing 41% of new listings, followed by The Agency with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.