24 Railway Pde, Bowral is a 8 bedroom, 4 bathroom Flat with 4 parking spaces. The property has a land size of 1288m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 8 bedroom Flat sold in Bowral in the last 12 months.
Seize this rare opportunity to acquire a block of four well-maintained, two-bedroom units, perfectly positioned a short walk from Bowral town centre. This property offers the ideal balance of location, solid returns and future potential.
• Spacious Land: Set on a generous 1,288 sqm block with potential for further development (STCA).
• Current Income: All units are fully tenanted, generating a strong gross rental income of $59,020 per annum, with a 4% yield.
• Convenient Parking: Carport for 4 vehicles.
• Prime Location: Only a few minutes walk to Harris Farm and other local amenities.
With consistent rental income and the potential to further enhance your investment, this property is a must see for savvy investors or developers. Don’t miss out on this exceptional opportunity in the heart of Bowral!
For more information, or to arrange a private inspection, please contact Damien Ogilvy on 0423 548 147 damien@highlandsproperty.com.au or Kristy Curr on 0466 911 140 kristyc@highlandsproperty.com.au.
The size of Bowral is approximately 39.6 square kilometres. It has 19 parks covering nearly 7.6% of total area. The population of Bowral in 2016 was 10335 people. By 2021 the population was 10764 showing a population growth of 4.2% in the area during that time. The predominant age group in Bowral is 70-79 years. Households in Bowral are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bowral work in a professional occupation.In 2021, 75.90% of the homes in Bowral were owner-occupied compared with 75.20% in 2016.
Bowral has 6,619 properties. Over the last 5 years, Houses in Bowral have seen a 29.95% increase in median value, while Units have seen a 48.24% increase. As at 31 December 2025:
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