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Investment Highlights

  • Landmark 1,411 sqm E1-zoned site in the heart of Bowral CBD.
  • Ground-floor hospitality opportunity with 80-seat café/restaurant/bar.
  • Significant upside under new LEP: FSR 1.5:1 and 15m height limit.
  • DA-approved for a 15-room motel and 10 premium apartments.
  • Estimated income potential of $500,000+ per annum.
  • Wide 50m frontage with 26.6m depth for design flexibility.

Executive Summary

This is a rare opportunity to secure a DA-approved development site in the heart of Bowral, one of the Southern Highlands’ most tightly held and sought-after locations. Formerly The Old Milk Factory, this landmark 1,411 sqm E1-zoned property offers immediate upside with multiple income streams and long-term redevelopment potential.
The site is DA-approved for a boutique 15-room motel and 10 premium residential apartments, including six 2-bedroom and four 3-bedroom units, complemented by a ground-floor hospitality venue with an 80-seat café, restaurant, or cocktail bar in an indoor-outdoor garden setting. Estimated income potential exceeds $500,000 per annum once operational.
Under the new LEP, the property offers significant additional upside, with an increased FSR of 1.5:1 and a 15m height limit, enabling alternative schemes such as approximately 35 residential units plus commercial, an 80-room motel, or other mixed-use configurations (STCA).
Located just 150 metres from Bowral Railway Station and within walking distance to Bowral Village Mall, dining precincts, and key amenities, this property combines prime positioning with exceptional development flexibility.

Property Facts

Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.35 AC
Rentable Building Area 1,798 SF
No. Stories 1
Tenancy Single
No. Drive In / Grade-Level Doors 1
  • Listing ID: 39910974

  • Date on Market: 3/25/2026

  • Last Updated:

  • Address: 35-37 Station St, Bowral, NSW 2576

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