Blue Chip Southern Highlands Development Opportunity
Colliers is pleased to offer for sale this premium town centre development opportunity located at 186-192 Bong Bong Street, Bowral. The site provides flexible mixed-use zoning with walking distance to shops, transport and amenities.
The 1,367 sqm* freehold site benefits from Development Approval for the construction of 8 x oversized terrace-style apartments and 2 retail shops in Bowral town centre.
- Flexible usage under MU1 zoning with 1.1:1 FSR and 10m height limit
- High exposure location with large street frontage at the entry to Bowral town centre
- DA approved for 6 x 3-bedroom apartments, 2 x 2-bedroom apartments and 2 x retail shops
- Within one of the highest-growth residential markets over the last 24-months
- High downsizer/rightsizer demand market with limited supply
- 300m* from Bowral Station with high frequency services to Sydney
- Gracious layouts and spacious room sizes, perfect for owner occupiers and lifestyle investors
- Established market evidence to secure site acquisition and construction financing
- Strong pre-sale evidence in the immediate area
The site is offered with vacant possession.
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