37 Albert Street, Bowral NSW 2576

A rare investment opportunity, this exceptional property comprises two masterfully built villas with DA approval for an additional two villas, ready for immediate construction. Set on a 1,146sqm block in a tightly held enclave, it offers a ready-made portfolio with future growth potential and scope for strata subdivision (STCA). Perfectly positioned close to parks, reputable schools, and local shops, this is an outstanding opportunity for developers, investors, or multi-generational living.

- Two existing, well-maintained villas offering comfortable living spaces
- DA approved and ready to build two additional villas (plans available)
- R3 zoning therefore potential to develop on a larger scale STCA
- Each existing villa features a north facing dining area and sunny courtyard
- Practical kitchens with gas cooking, pantry and ample storage
- Fully appointed bathrooms with separate vanity, w/c and laundry
- Generously proportioned bedrooms, main/second with built-ins
- Flued gas heating, abundant natural light and storage throughout
- Currently tenanted, providing immediate rental income
- Future option to live in one and lease the others
- Two single lock-up garages plus triple carport parking
- Convenient to walking/bike tracks, hospital precinct and supermarkets