Auction Location: On Site
Set on approximately 1,071 sqm in a prominent corner position, 39 Colo Road, Colo Vale is the sort of property that makes sensible buyers, builders and investors stop scrolling.
This is a deceased estate, and the reserve will be set by the executor. That means the auction process is expected to be fair, realistic and commercially sensible - not driven by a vendor testing the market from the clouds. In plain English, this is a property that should be inspected early. Price guide is $800,000 -$850,000.
The real story here is the land. A large corner block of this size is increasingly hard to find, and the position may provide extra flexibility for future design, access and street presentation. Subject to council approval, buyers may wish to investigate the potential for dual occupancy or other future uses under the relevant Wingecarribee Shire Council planning controls.
Colo Vale adds another layer of appeal. It has genuine country-village character - quiet streets, fresh air, a relaxed pace and that quaint, peaceful feel people talk about when they say they want to get out of the city without disappearing into the wilderness. It feels rural, but it is not remote.
You are only about 5 to 10 minutes from Mittagong and Bowral, with shops, cafes, schools, rail, medical services and the broader Southern Highlands lifestyle close at hand. Sydney is still within practical reach, which makes this an attractive option for buyers wanting more space, less noise and a calmer pace without cutting themselves off from the city.
No one is suggesting you can arrive with a tape measure and a ute and start building two homes by lunchtime. Council approval, servicing, design and all normal planning requirements will apply. But the size, corner position and location make this a property with genuine future upside.
For families, it may be a chance to secure a generous block in a peaceful village setting. For investors and builders, it may be a site worth investigating carefully. For land bankers, it offers the sort of underlying land value and future flexibility that is becoming harder to replace.
Whether you are looking for a home, a project, a land bank, or a property with possible future potential, this one deserves close attention.
Auction: Saturday 13 June 2026 at 3pm on site. Property will be open from 2.30pm on the day. Please call Philip if you require a private inspection.
Development potential is subject to council approval. Buyers should rely on their own enquiries and obtain independent planning advice.
Disclaimer:
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
