49 Bowral Street, Welby NSW 2575

Renovated dual-level | 1111m² secluded parcel | Dual street access | Potential dual-income configuration This property presents a competitively strong proposition based on its substantial, privately positioned landholding and flexible internal configuration. The approximately 1111m² block with dual access is a rare offering in Welby, providing both immediate privacy and long-term utility, such as the potential for a secondary dwelling subject to council approval. The near-new kitchen and updated mechanical systems indicate a renovated condition, reducing immediate capital outlay for a buyer. This house serves a family or investor seeking space and optionality, positioned moments from Mittagong’s conveniences while maintaining a secluded atmosphere. The primary decision point involves reconciling the variance in reported bedroom count and parking, which necessitates verification to accurately underwrite value. The absence of recent, directly comparable sales in Welby requires a conservative valuation approach, leaning on the broader Southern Highlands market where the estimated value around $1.08 million sits. The commercial logic favours a hold strategy, leveraging the property’s larger-than-typical land size and dual-living potential to capture demographic demand for flexible family homes in a suburb where median values have shown significant growth. Proceed with a standard due diligence process focused on confirming the permissible uses of the lower level and validating the parking configuration.