50 Park Rd

Bowral NSW 2576

796 m²

House

Currently for sale - view listing

Overview

Two Cottages. Two Incomes. One Old Bowral Address. Multiple Possibilities

For the astute investor, the appeal here is immediate two separate cottages, established long-term tenants and strong rental income already in place, all within a well-connected Old Bowral location. Equally, the dual-dwelling configuration lends itself beautifully to multi-generational living, providing independence and privacy while keeping family close or the flexibility to live in one while leasing the other. Enjoying a prized north-to-rear aspect, the property comprises an established front cottage and a modern rear cottage, only three years young. Both are independently configured with two bedrooms, their own kitchen, bathroom, living, laundry facilities, private yards and parking. For investors, the proposition is particularly compelling, with long-term tenants already in place across both cottages and rental income from day one. Cottage 1 Front Cottage Two bedrooms with built-in wardrobes Updated bathroom Functional kitchen with electric cooking and dishwasher Open-plan living and dining Reverse-cycle split-system air conditioning Separate laundry North-facing timber deck Off-street parking Long-term tenant in place Cottage 2 Rear Cottage Modern cottage, built in 2017 Two bedrooms with built-in wardrobes Study Contemporary bathroom Modern kitchen with electric cooking Open-plan living and dining Reverse-cycle split-system air conditioning Separate laundry Covered carport Garden shed Long-term tenants in place Positioned in a convenient pocket of Old Bowral, Stephen's Park, local schools and the Cherry Tree Walk are all nearby, with Bowral's town centre, cafés, shops and transport also within easy reach. A genuinely flexible property keep both as income-producing assets, create a multi-generational family base, or occupy one and retain an income from the other.