46 Throsby St, Moss Vale is a 13 bedroom, 8 bathroom House with 8 parking spaces. The property has a land size of 2985m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
This Property presents a rare and outstanding investment opportunity with an excellent income stream plus further development potential (STCA).
Positioned on a beautiful 2,985 sqm parcel of land are 8 residential flats. 3 flats are within a stunning weatherboard home while the remaining 5 flats are divided between two detached brick and tile buildings.
Flat sizes are 5 x 2-bedroom flats and 3 x 1-bedroom flats.
If fully occupied at today's market rents the 8 flats would return approximately $172,000 gross per annum*. Current returns are under this amount as flat 4 is vacant and some rents are below market.
Further development potential (STCA) includes strata subdivision of the brick flats and/or a 3 lot Torrents title subdivision of the Property with each set of flats on its own title (previously approved by Council in 1994 but the approval has since lapsed).
There is also potential to convert the weatherboard home back to a single dwelling. It enjoys many beautiful features such as high ceilings (up to 3 metres), two original fireplaces, large country style verandah and timber floorboards.
Enjoying an excellent location close to the town centre, the Property is a one off and so this presents an opportunity not to be missed.
Contact Doug Drysdale on 0422 301 913 or doug.drysdale@raywhite.com for an Information Memorandum.
*This is a genuine estimate as at 28 May 2024 but is not a guarantee of return as markets fluctuate up and/or down over time.
The size of Moss Vale is approximately 79.5 square kilometres. There are 28 parks, covering nearly 2.9% of the total area. The population of Moss Vale in 2016 was 8579 people. By 2021 the population was 9310 showing a population growth of 8.5% in the area during that time. The predominant age group in Moss Vale is 60-69 years. Households in Moss Vale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moss Vale work in a professional occupation.In 2021, 70.00% of the homes in Moss Vale were owner-occupied compared with 68.20% in 2016.
Moss Vale has 5,600 properties. Over the last 5 years, Houses in Moss Vale have seen a 18.82% increase in median value, while Units have seen a 19.35% increase. As at 31 July 2026:
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