37-43 Bumballa Road

Wingello NSW 2579

2 homes already exist, both homes on 1 acre blocks.

One of the homes was previously a successful Air bnb "Kookaburra Cottage", consisting of 2 bedrooms 2 bathrooms including ensuite, underfloor heating, kitchen and double garage. This home has huge potential and can easily be turned into a 4 bedroom character cottage.

Other home has been gutted with bones remaining to renovate and includes an oustanding large garage/office/shed.

DA Approved for a further 7 x 1 acre blocks.

This listing is highly attractive to developers or investors, who want a "shovel-ready" project where the initial risk and time of gaining approval has been removed.

As the new owner, you can move forward with the subdivision process by fulfilling any consent conditions and registering the new titles. Then you can sell the vacant lots individually or market the lots as ready for residential construction. This has the potential to generate a higher total return.

SO MANY OPTIONS !!!!!

Build new homes on some or all of the 7 new lots, while retaining or selling the existing houses.

Build homes and create a rental portfolio !
Instead of selling the new homes, you can build them and then rent them out as investment properties, creating a long-term income stream.

Build homes designed to attract tenants and manage them as investment properties. The 2 existing houses can also be part of this portfolio !

Hold the land for future value growth !
Given the large land area (approximately 10 acres in total, with the 2 existing houses), you could simply hold onto the property
and wait for market values to increase. This is a lower-effort, long-term approach for capital growth.

This is a wonderful opportunity to invest in a village that is hugely popular and one of the last areas to have good sized blocks close to the highway and close to all the attractions that the Southern Highlands offers.

LOCATION. Just 20 mins to Moss Vale and 30 mins to Goulburn. 1 hr 30 mins to Sydney and the same to Canberra. With Wingello train station running in both directions.

A short stroll to the local school, train station, general store and the fantastic Casburn Park childrens playground.

CASBURN PARK 2 new playgrounds / pump track / toilet facilities / deck / village green and plaza / shared paths / picnic and bbq facilities.

Contact Greg Segal today on 0448 139 832
gsegal.bowral@ljhooker.com.au