An Ideal Superannuation Investment Opportunity

$1,280,000

8 bedrooms
4 bathrooms
5 parking
Sale Date 4th September 2024
Sale Price $1,280,000
Property Type Block of Units
Council Rates $778 Quarterly
Land area approx 1009sqm
Water Rates $419 Quarterly

Investors will be impressed with this well-presented complex that represents an opportunity to generate substantial income from four single-level units set on a single-title unit block in the heart of sought after North Nowra. Well-appointed throughout, each 2 bedroom unit has built ins to the master, a combined bathroom/laundry, generous size open-plan living, dining & kitchen area, and covered carport. This complex make a solid investment for many years to come and is ready for new investors to take the reins and further benefit from all that is on offer.

Excellent long term tenants who are wanting to stay on..Brick construction and situated on a corner block of 1009 sqm approx.Returning $63,440 pa with potential for current returns to be increased. Torrens title and supporting three extra long term building tenancies.Undercover parking for each unit plus a common visitor car space.Generous open-plan living and dining spaces throughout each unit.All units have been well maintained and have Reverse Cycle Air Conditioning.Views of Sharman park (North Nowra Oval) from units 3-4.Walking distance to Oval, shopping, Tavern, Schools, medical facilities etc.
*Disclaimer
All marketing material and advertising pertaining to this property including but not limited to images, floorplans, video, virtual tours, brochures, digital styling and furniture, drone and lifestyle images etc are for marketing and illustration purposes only and some may represent location, view or lifestyle photography. Whilst Laurence Morgan has made every effort to ensure the information supplied is truthful and correct, it may have been provided or sourced by third party individuals and suppliers and we cannot guarantee the accuracy of the information. If STCA or S.T.C.A is stated in advertising it is referring to "Subject to council approval" and we recommend seeking independent planning advice. Any displayed or advertised outgoings, estimates, land sizes, measurements, completion dates and distances are approximate only and may be subject to change without notice and Laurence Morgan gives no warranty to the accuracy of the information and takes no responsibility for any loss incurred from acting on the information provided. We strongly recommend all interested parties conduct their own due-diligence and research to ensure they are satisfied and fully informed in all respects prior to making an offer or proceeding to purchase the property. Read More


Schools & Public Transport

Bomaderry High School
Co-Ed High School
7-12
Nth Nowra Primary School
Primary School
K-6
Based on our available information, this property falls within the listed government school intake zones. Source: School intake zones for NSW government schools
Nowra Anglican College
Combined
K-12
St Michael's Catholic Primary School
Primary
K-6
Shoalhaven River College
Special
Special
Only non-government schools within a 3km radius of this property are listed. Source: Acara Australian Schools List
Bus Services
North Nowra to Nowra (Loop Service)
Transport for NSW
132
Bomaderry Station to Orient Point via Culburra Beach and Nowra
Kenbus Pty Ltd
111
Selected routes with a boarding point within approximately 1km of this property are listed. Source: TfNSW Timetables

Location Map

Photo Gallery

All marketing material and advertising pertaining to this property including but not limited to images, floorplans, video, virtual tours, brochures, digital styling and furniture, drone and lifestyle images etc are for marketing and illustration purposes only and some may represent location, view or lifestyle photography. Whilst Laurence Morgan has made every effort to ensure the information supplied is truthful and correct, it may have been provided or sourced by third party individuals and suppliers and we cannot guarantee the accuracy of the information. If STCA or S.T.C.A is stated in advertising it is referring to “Subject to council approval” and we recommend seeking independent planning advice. Any displayed or advertised outgoings, estimates, land sizes, measurements, completion dates and distances are approximate only and may be subject to change without notice and Laurence Morgan gives no warranty to the accuracy of the information and takes no responsibility for any loss incurred from acting on the information provided. We strongly recommend all interested parties conduct their own due-diligence and research to ensure they are satisfied and fully informed in all respects prior to making an offer or proceeding to purchase the property.
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