30 Old South Road, Bowral NSW 2576

Three-bed brick home on large 1,916m² lot | Original condition requiring renovation | Five minutes to Bowral centre | Zoned for established public schools This property’s primary strength is its substantial, nearly 2,000-square-metre parcel in a convenient location, a configuration increasingly rare close to Bowral’s centre. The existing original-condition house presents a clear value-add opportunity for a buyer seeking to renovate or rebuild, effectively purchasing land with a dwelling included. It serves the strategic land-banker or the owner-occupier prepared to undertake a project, with the established school catchments providing a stable demand floor. The decision hinges on accepting the cost and risk of a major renovation or rebuild against the land value. The price guide sits below the estimated market value, suggesting the condition is priced in, but budget for significant capital outlay post-purchase. Proceed only with a clear development plan; this is a hold-and-improve proposition, not a passive investment.