15 Oxley Drive, Bowral, NSW 2576

Set on an exceptionally large 2,000sqm+ block in the heart of Bowral, this rare offering includes two self-contained residences and construction approval for a third. Just a short stroll to the town pool, railway station, cafes and shops, the property offers a unique blend of lifestyle, income potential, and future flexibility.

The original north-facing, sun-drenched mid-century modern home remains largely untouched, featuring its original kitchen and bathroom, hardwood timber flooring, and generous underfloor storage. Thoughtfully positioned on the block, it's full of charm and architectural integrity.

The second residence was master built to complement the first house's mid-century modern aesthetic and to take advantage of sweeping views. Situated at the rear of the block with private access to the scenic Cherry Tree Walk, this home can stand alone or serve as an ideal guest retreat or short-term rental. With two bedrooms and a huge deck, it was purpose-designed for Airbnb and has averaged $350 per night.

Adding even more value, the property includes construction approval for a third dwelling-a modern open-plan studio with bathroom and kitchenette-ideal for guests, extended family, or further income.

The block itself is generously proportioned, and of course, there's the option to redevelop the entire site to take full advantage of its premium central location. Notably, both neighbouring properties are strata unit developments, offering a precedent for future possibilities.

Whether you're looking for a multi-generational living setup, a high-yield investment, or a home with room to grow, this standout Bowral property delivers on all fronts.

Highlights:

Expansive 2,000sqm+ block in old Bowral
Two self-contained residences, each with separate access
Construction approval for a third open-plan studio dwelling
Second residence purpose-built for Airbnb, ready to transfer with multiple 5-star reviews
Mid-century modern architecture with original features intact
Private access to Cherry Tree Walk and views across the Rivulet
Beautifully established trees and designed landscape
Short walking distance to Bowral pool, railway station, shops, cafes and more
Rare opportunity in a tightly held, central location
There is no other property currently on the market in Bowral offering this unique combination of character, flexibility, income, and scale

For more information or to arrange a private inspection, please contact Henry Capel on 0431 190 368.

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable, with no reason to doubt its accuracy. All interested persons should rely on their own enquiries.