15 Queen Street, Mittagong NSW 2575

Well-sized block | north-facing frontage | walkable Mittagong heart | 1960s character with scope The property offers a rare combination of a generous 1,075-square-metre block with north-facing orientation in a tightly held town-centre location, which gives a buyer immediate positional advantage over newer subdivisions. The 1960s construction provides solid bones and three bedrooms in the main structure, making it suitable for a family seeking space near schools and transport, or for an investor looking to add value through renovation. Walkability to the train station, cafés, and Lake Alexandra strengthens its appeal for owner-occupiers who prioritise lifestyle convenience over a turnkey finish. The main risk is the need for renovation or updating, which will require capital and project management from the buyer, but the block size and zoning potential may allow for future subdivision or extension,commercial logic that offsets the current dated interior. The fourth bedroom is likely in a secondary structure, so inspect for compliance and condition. Hold this property for medium-term capital growth while improving the existing home to lift rental or resale value.