58-60 Main Street, Mittagong, NSW 2575 sold on 11 April 2025 | OnTheHouse
SOLD
Sold on 11 Apr 2025 for $4,550,000

58-60 Main Street
Mittagong NSW 2575

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1491m2
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Property Details for 58-60 Main St, Mittagong

Building Type
Commercial
Land Size
1491m2
Local Government
Wingecarribee
Lot/Plan
141/DP809787

Last Listing description (March 2018)

Resort Brokers ID : LH003204

Exceptionally maintained 23 unit motel

Alarge 32.7% ROI

20K rent rebate for refurbishments

High visibility site with two street frontages

Winner TripAdvisor 2014 Certificate of Excellence

Worlds largest motel brand Best Western

Perfect leasehold investment that has been under management previously

In our opinion one of the best leasehold motels in Australia

BE QUICK TO INSPECT AND NOT MISS THIS ONE...

NB: Property inspections are by appointment only

Property History for 58-60 Main St, Mittagong, NSW 2575

A timeline of how this property has performed in the market
Last Sold
$4,550,000
11 Apr 2025
  • 11 Apr 2025
    Sold for $4,550,000
  • 19 Jun 2014
    Listed for Sale $900,000
  • 22 Dec 1997
    Sold for $1,143,000
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About Mittagong 2575

The size of Mittagong is approximately 60.5 square kilometres. It has 12 parks covering nearly 20.4% of total area. The population of Mittagong in 2016 was 5767 people. By 2021 the population was 6090 showing a population growth of 5.6% in the area during that time. The predominant age group in Mittagong is 60-69 years. Households in Mittagong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mittagong work in a professional occupation.In 2021, 67.80% of the homes in Mittagong were owner-occupied compared with 69.30% in 2016.

Mittagong has 3,745 properties. Over the last 5 years, Houses in Mittagong have seen a 40.69% increase in median value, while Units have seen a 22.73% increase. As at 28 February 2026:

  • The median value for Houses in Mittagong is $1,093,004 while the median value for Units is $758,908.
  • Houses have a median rent of $685 while Units have a median rent of $625.
There are currently 43 properties listed for sale, and 27 properties listed for rent in Mittagong on OnTheHouse. According to Cotality's data, 156 properties were sold in the past 12 months in Mittagong.

Suburb Insights for Mittagong 2575

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.