Nowra 1&2/63 Wallace Street

This impressive dual-occupancy property presents a rare and versatile opportunity in the heart of Nowra. Comprising two fully self-contained three-bedroom units, this property is perfectly suited to savvy investors seeking strong rental returns, multi-generational families wanting space and independence, or owner-occupiers looking to live in one and lease the other.

unit 1:
3 bedrooms all with ceiling fans & 1 with a built-in wardrobe updated kitchen overlooking rear yardinternal laundry/bathroom, plus direct backyard access separate WCcarport parkingcurrent tenant paying $400 pw
unit 2:
3 bedrooms, all with built-in wardrobesupdated kitchen, overlooking rear yardfront balcony overlooking Lyrebird Sports Parkall-in-one main bathroomsingle lock-up garageexternal laundry with second WCcurrent tenant paying $420 pw
Currently returning $820 per week, with a current rental opinion of $900 per week ($450 per unit).

Location:
across the road from Lyrebird Sports Park6 min drive to Nowra CBD8 min drive to Shoalhaven District Hospital adjoining local primary school
The dual-income potential makes this property a smart addition to any investment portfolio, while its low-maintenance design ensures ease of management. Positioned in a well-established and convenient location, close to local schools, shops, medical facilities, and essential amenities, it delivers both lifestyle appeal and long-term growth potential within the thriving Shoalhaven region.