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Overview
This property offers a rare dual-income opportunity in a highly sought-after Nowra location, making it an excellent proposition for investors. It features two fully self-contained residences on a single title, delivering immediate rental returns with quality tenants already secured.
- The main residence is a solid brick veneer home showcasing a modern, recently renovated kitchen equipped with electric cooking, a separate living room, and three spacious bedrooms, two with built-in robes. A well-appointed bathroom and an attached single carport add to its practicality. The private, fenced yard ensures comfortable outdoor space and secure access.
- The near-new granny flat complements the property with an open-plan living, dining, and kitchen area featuring gas cooking and reverse-cycle air conditioning. It includes two comfortable bedrooms with built-in robes and ceiling fans, an oversized combined bathroom and laundry, plus independent access to its own private fenced yard.
With a combined rental income of approximately $1,010 per week, this investment yields a compelling gross rental rate of about 5.53%. The dual-income layout appeals to investors looking to diversify their portfolio and maximize cash flow from a single property with minimal vacancy risk.
Positioned close to schools, shopping facilities, public transport, parks, and everyday amenities, the location supports excellent potential for future capital growth. Whether expanding an existing portfolio or purchasing the first investment, this dual-occupancy property delivers a balance of convenience, strong returns, and long-term value.
Local Market Insights
In Nowra, Quiet Listings observed 28 new houses entering the market over the last 30 days, down from 29 during the previous 30-day period, with an average advertised asking price of $864,282. The property type mix of listed properties is predominantly Houses at 75%, followed by villas (8%), and commercial properties (8%). Raine & Horne was the most active agency in this area, representing 32.1% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Nowra NSW 2541
Market Insights for Nowra NSW 2541
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