124-126 Waterwood Court, Mulwala, NSW 2647

$885,000

House
Type
4
Bedrooms
2
Bathrooms
4
Parkings
1,752 m²
Area

Last updated on Thursday, June 11, 2026 ( See property details for 124-126 Waterwood Court, Mulwala, NSW 2647)

$885,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile lakeside family home on a large landholding with exceptional development potential and lifestyle amenities in Mulwala.

🏡 Property Highlights

  • Prime lakeside location opposite Lake Mulwala with stunning views
  • Generous 1,752m² allotment offering future subdivision or development potential (STCA)
  • Versatile layout with two separate front entrances suitable for extended or multi-generational living
  • Multiple living zones including a rumpus room and dedicated home office/study
  • Well-appointed kitchen overlooking dining and family areas
  • Master suite with walk-in robe and ensuite for privacy and comfort
  • Ducted evaporative cooling and gas heating for year-round climate control
  • Genuine side vehicle access and a substantial steel garage/workshop
  • Excellent lifestyle amenities nearby including parks, walking tracks, and township
  • Outstanding future development prospects in a highly sought-after district

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Home Office / Study
  • Waterfront / Views
  • Outdoor Area
  • Garage / Secure Parking
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Open-Plan Living
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124-126 Waterwood Court
Mulwala, NSW 2647
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Vertical aerial view — 124-126 Waterwood Court
124-126 Waterwood Court — Vertical Aerial  •  Mulwala, NSW 2647  •  Nearmap © 2026

Mulwala is a vibrant lakeside township renowned for its stunning water views, outdoor recreational activities, and strong community spirit. The area offers excellent access to parks, walking tracks, and local amenities, making it ideal for families and investors alike. With its strategic location opposite Lake Mulwala, residents enjoy a relaxed lifestyle with significant future growth prospects. The district combines natural beauty with development opportunities, attracting those seeking both lifestyle and investment potential.

What are the future development prospects for this property?
The property has significant scope for subdivision or townhouse development (STCA), offering excellent future investment potential.
Is the property suitable for multi-generational living?
Yes, the property features two separate front door entrances and multiple living zones, making it ideal for extended or multi-generational families.
What amenities are nearby?
The property is conveniently located near parks, walking tracks, the vibrant Mulwala township, and the lake foreshore, providing a range of lifestyle amenities.
What climate control features does the home have?
The home is equipped with ducted evaporative cooling and gas heating for comfortable living year-round.
Is there vehicle access for boats or caravans?
Yes, the property offers genuine side vehicle access and a substantial steel garage/workshop suitable for boats, caravans, or hobbies.
Are there any restrictions or easements on the property that could affect future development plans? Has the property been inspected for structural issues or defects? Are there any existing planning or zoning restrictions that could impact subdivision or development? What are the council rates and any additional costs associated with the property? Is the property located in a flood or bushfire-prone area, and what precautions are in place? Are there any ongoing or upcoming construction projects nearby that could affect the property? What is the history of the property's land use and any previous development approvals? Are there any strata or community title considerations if subdivided or developed? What are the terms and conditions for future subdivision or development approval? Are there any known issues with the property's infrastructure, such as water, sewer, or power connections?

124-126 Waterwood Court, Mulwala, NSW 2647 - More Details

$885,000

Perfectly positioned directly opposite Lake Mulwala, this substantial family residence presents an opportunity to secure an enviable lifestyle property with outstanding future development prospects.

Set on an expansive 1,752m² (approx.) allotment, the home has been thoughtfully positioned towards the rear of the block, creating a significant landholding with exceptional scope for subdivision or townhouse development (STCA). Whether you're seeking a spacious family home, multi-generational living solution, investment opportunity or future development project, this versatile property delivers on every level.

Designed with flexibility in mind, the residence offers four bedrooms, two bathrooms and multiple living zones, including the unique advantage of two separate front door entrances-perfectly suited to extended families, independent living arrangements or those working from home. The well-appointed kitchen overlooks the dining and adjoining family living area, while a generous separate rumpus room provides valuable additional space for growing families.

The master suite is privately positioned and features a walk-in robe and ensuite, while the fourth bedroom is complemented by an adjoining study, creating an ideal home office, nursery or retreat.

Further enhancing the home's appeal are ducted evaporative cooling, gas heating, three-phase power, genuine side vehicle access and a substantial steel garage/workshop offering ample accommodation for vehicles, boats, caravans or hobbyists.

The true standout, however, is the combination of lifestyle and land. Enjoy morning walks along the lake foreshore, easy access to local parks, walking tracks and the vibrant Mulwala township, all while securing a property with significant future upside in one of the district's most respected locales.

A rare offering where location, lifestyle, flexibility and development potential combine to create an opportunity of exceptional appeal.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
4
Area
1,752 m²
Study
1

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