Dual Occupancy Investment

4 bedrooms
3 bathrooms
2 parking
556m² approx land area
For Sale $795,000 - $835,000

Ben Roberts from Integrity Real Estate is pleased to offer 61 Wallace Street, consisting of 3 separately leased units located within minutes of Nowra's CBD while also positioned in a cul-de-sac location. Offering a fantastic rental return of over $980 per week, you have the option to live in 1 unit and rent the other 2 out, or continue to rent out all 3 units. This investment opportunity is a must consider adding to your property portfolio.

Features include-
Unit 1 - features one large bedroom with built in robes, separate study/2nd bedroom, combined kitchen and dining with electric cooking, separate lounge room, combined bathroom and laundry with access to the rear with a fully fenced yard. Separate off street parking. Currently rented for $390 per week.

Unit 2 features one bedrooms with wardrobe, combined kitchen (electric cooking and dishwasher), dining and lounge, all-in-one bathroom with external laundry. Fully fenced backyard and carport space. Currently rent return $300 per week.

Unit 3 features one bedroom unit, combined kitchen, dining and lounge, combined bathroom (with bath) and laundry, fully fenced rear yard and carport space. Currently rented for $290 per week.

This is certainly an investment opportunity to get excited about with a total rental return of $980/week and an owner that is open to all genuine offers. The complex is also situated a short stroll from Lyrebird Park playing fields and Stockland Shopping Centre.


Amenities

Nowra East Primary School
Primary School
K-6
Shoalhaven High School
Co-Ed High School
7-12
Based on our available information, this property falls within the listed government school intake zones. Source: School intake zones for NSW government schools
Nowra Christian School
Combined
Pri+Sec
Nowra Anglican College
Combined
Pri+Sec
St Michael's Catholic Primary School
Primary
Pri
St John the Evangelist Catholic High School
Secondary
Sec
Novo Education Space Nowra
Special
Special
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
Bomaderry to Nowra via Bomaderry Station (Loop Service)
Transport for NSW
131
Nowra to Ulladulla
Transport for NSW
100
Bomaderry Station to Berrara via Nowra,Tomerong and Sussex Inlet
Transport for NSW
135
East Nowra and Worrigee to Nowra (Loop Service)
Transport for NSW
101
Nowra to Shoalhaven Heads via Bomaderry Station
Transport for NSW
139
Bomaderry Station and Nowra to Basin View via St Georges Basin
Transport for NSW
102
North Nowra to Nowra (Loop Service)
Transport for NSW
132
Bomaderry Station to St Georges Basin via Nowra and Sanctuary Point
Transport for NSW
102X
West Nowra to Nowra via UOW Shoalhaven Campus (Loop Service)
Transport for NSW
106
Greenwell Point to Bomaderry Station via Worrigee Rd and Nowra
Kenbus Pty Ltd
110
Bomaderry Station to Orient Point via Culburra Beach and Nowra
Kenbus Pty Ltd
111
Nowra to Kangaroo Valley via Cambewarra and Bomaderry
Kenbus Pty Ltd
112
Nowra to Currarong and Callala via Myola
Transport for NSW
120
Nowra to Gerringong via Nowra TAFE,Berry and Gerroa
Transport for NSW
130
Selected routes with a boarding point within approximately 1km of this property are listed. Source: TfNSW Timetables

Location Map

61 Wallace Street Nowra
4 3 2
For Sale $795,000 - $835,000

Inspection times

Please contact our agents to arrange a viewing.

Agents

Ben Roberts
Ben Roberts Sales Agent

Property Information

  • Land area approx 556.48sqm
  • Council Rates $698/quarter
  • Water Rates $277/quarter

Property Features

  • Broadband
  • Built In Wardrobes
  • Car Parking - Surface
  • Carports 2
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Courtyard
  • Electric HWS
  • Fully Fenced
  • Toilets 3

For more information, contact us today.

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