Description

A rare and exciting development opportunity in the heart of Bowral! This landmark site, formerly known as "The Old Milk Factory," is set for transformation with DA approval for a 15-room motel and 10 residential units. Located just 150 meters from the railway station, this B2-zoned site offers outstanding investment potential with multiple development possibilities.

Key Features & Development Potential:
🏨 DA-Approved Motel (3 Levels)

15 motel rooms with potential for B&B or boutique accommodation

Estimated income potential: $500,000+ per year

🏡 Residential Development Approval

10 premium units: 6 x 2-bedroom & 4 x 3-bedroom

High demand for residential units, with recent 2-bedroom sales exceeding $1.5M

🍽 Café & Wedding Reception Venue

Ground-level 80-seat reception space with outdoor garden seating

🏗 Development Potential Under New LEP

FSR increased to 1.5:1, height limit 15m

Expansive 50m frontage & 26.6m depth

Land area: 1,411m²

Alternative Mixed-Use Development (STCA):
A second development option allows for 35 residential units plus commercial space, ideal for:

Hotel, student accommodation, boarding house, or an 80-room motel

High-exposure location in the heart of Bowral’s shopping hub

Unmatched Location & Lifestyle Perks:
✔ Adjoining Council car park for added convenience
✔ Surrounded by major retail & dining precincts – near Target, Bowral Village Mall, Royal Hotel, and more
✔ Close to parks, golf courses & hospitals – Bowral Golf Course, Bowral & District Hospital, Southern Highlands Private Hospital
✔ Easy access to key transport & infrastructure – Only 103km (1-hour drive) from Sydney

With continuous population growth and high demand for residential housing, this site is a prime investment opportunity in one of the Southern Highlands' most sought-after locations.

📞 Enquire today to secure this exceptional development opportunity!