15 Ascot Road, Bowral, NSW 2576

Deceased Estate – First Time Offered in Over 60 Years
A rare and exceptional opportunity to secure a substantial blank canvas development site in one of the Southern Highlands' most sought-after locations.
Positioned within an easy 2–3 minute walk to Bowral Hospital, medical facilities and specialist services, and only approximately 6 minutes from the vibrant Bong Bong Street shopping and café precinct, this property offers outstanding convenience and future potential.
Zoned R3 Medium Density Residential, the site presents a range of possibilities (STCA), including subdivision, medium-density housing, retirement or over-55s accommodation, townhouse development, or the creation of a private multi-generational family compound.
The property is improved by an original unrenovated bungalow-style cottage which may be retained, renovated or incorporated into future plans, subject to the necessary approvals.
Bowral continues to experience strong demand from retirees, downsizers, professionals and affluent Sydney tree-changers seeking a premium lifestyle destination. With a median age significantly above the NSW average, the area has a growing demand for quality low-maintenance housing, over-55s living options, and accommodation close to healthcare and community services.
Renowned for its cool-climate gardens, boutique shopping, cafés, wineries and relaxed village atmosphere, Bowral combines the charm of country living with the convenience and amenities of a major urban centre. It remains one of the few regional NSW destinations where buyers relocate primarily for lifestyle rather than affordability.
A tightly held opportunity with significant future upside in one of regional NSW's premier lifestyle locations.