37 Albert Street, Bowral NSW 2576

Property Details: • Type: Villa

• Bedrooms: 6 • Bathrooms: 2

Description: An exceptional opportunity to secure two established villas plus DA approval for two more, all set on a substantial 1,146sqm block in a tightly held location. With approval in place and construction ready to commence, this is a turn key development opportunity delivering immediate rental income with outstanding future upside. Zoned R3, the property also offers potential for larger scale redevelopment or strata subdivision (STCA), making it an ideal acquisition for developers, investors or those seeking a multi dwelling portfolio in a convenient and well-connected setting close to parks, schools and local shopping. Highlights Two quality villas already built and currently tenanted DA approved for two additional villas build immediately Large 1,146sqm parcel with R3 zoning Potential for strata subdivision or further development (STCA) North-facing dining areas opening to sunny private courtyards Practical kitchens with gas cooking, pantry and generous storage Well-appointed bathrooms with separate vanity, WC and laundry Generous bedrooms, main/second with built-in wardrobes Flued gas heating and excellent natural light throughout Strong rental income from existing villas Two lock up garages plus triple carport parking Close to walking/bike tracks, hospital precinct and supermarkets Secure the income today and capitalise on the development tomorrow.