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.
