For Sale Exclusively by Di Jones Bowral in conjunction with Colliers International.
Positioned within one of Old Bowral's most sought-after residential precincts, 74 Shepherd Street presents a rare, shovel-ready development opportunity combining premium design, planning certainty and exceptional market appeal.
Occupying an elevated 758sqm corner allotment just moments from Bowral's town centre, the site benefits from Complying Development approval for three luxury Torrens Title residences designed to meet the growing demand from Southern Highlands downsizers, affluent local owner occupiers and Sydney buyers seeking a premium lifestyle offering. The site is zoned R3 Medium Density Residential and provides immediate development capability with substantial time and planning savings already realised.
The approved scheme comprises three architecturally designed residences featuring generous house-like proportions, private outdoor living areas, LUG and internal lifts to all homes. The residences offer oversize internal living accommodation and have been specifically designed to cater to the luxury downsizer market that continues to drive demand throughout Bowral and the broader Southern Highlands.
Significantly, the property also benefits from an existing approval for a luxury single dwelling designed by respected Southern Highlands architect Coble Stephens, providing purchasers with flexibility to pursue either a premium residential development or bespoke trophy home outcome.
Investment Highlights:
- 758sqm elevated corner site in prestigious Old Bowral
- R3 Medium Density Residential zoning
- Expansive 25m frontage
- House-sized floorplans tailored to the premium downsizer market (200235sqm)
- CDC approval for three luxury Torrens Title residences (No Strata)
- Additional approval for a luxury architect-designed residence
- Internal lifts servicing all approved residences
- No basement construction required
- Strong frontage and flexible access via Shepherd Street and Oak Lane
- Walking distance to Bowral CBD, cafés, retail precinct and local amenities
- Cleared site ready for immediate commencement
- Perfect north-to-rear aspect for sun-drenched indoor & outdoor living
- Significant planning and holding cost savings through existing approvals
With a limited supply of premium new housing stock in Bowral and proven demand from both local owner occupiers and Sydney-based lifestyle purchasers, the opportunity presents an attractive platform for developers, builders and private investors seeking exposure to one of regional NSW's strongest residential markets.
This property is for sale by Expressions of Interest closing Friday September 25th 5pm. For further information, approved plans and due diligence documentation, please contact the exclusive selling agents at Di Jones and Colliers International.
Disclaimer: the information provided is for general informational purposes only and is not intended as legal, financial, or real estate advice. While every effort is made to ensure the accuracy of the information, we make no guarantees regarding its completeness or accuracy. Prospective parties are encouraged to conduct their own independent investigations. We are not responsible for any liabilities that arise from use of information provided.
