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Property in Nowra NSW 2541

For Sale

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$800k - $850k Medium Confidence Calculated based on our search observations.

Land 926 m²

Listed: 55 days ago

Updated: 1 hour ago

Overview

This development site in Nowra, nestled on the South Coast, presents a compelling opportunity for builders, developers, and investors seeking a ready-to-go project with strong income potential. The site spans approximately 926 square meters and holds full Development Approval (DA) and Construction Certificate (CC) consent for four dwellings, including a spacious duplex at the front and two contemporary granny flats at the rear. This staged development is shovel-ready, allowing construction to commence promptly post-settlement.

Strategically located, the site offers convenient access to Nowra's central business district, schools, public transport, and various amenities, ensuring both lifestyle and practicality for future occupants or tenants. Additionally, its proximity to attractions such as the Shoalhaven Golf Course and the new private hospital enhances appeal for long-term investment or build-to-rent strategies.

Four approved dwellings within a two-stage development plan.
Certified and approved for immediate construction.
Ideal for builder developers, investors targeting build-to-rent, and self-managed super fund buyers aiming for high-yield residential projects.
Close to key local infrastructure, educational institutions, and transport options.
Offers a rare, boutique-scale development site in a growth region.

Overall, this property combines strong development fundamentals with location benefits to suit those looking to capitalize on the expanding South Coast region's residential potential.

Local Market Insights

In Nowra, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $3,260,000. The property type mix of listed properties is predominantly Houses at 76%, followed by units (8%), and land (4%). The most active agency for land in the Nowra area is currently One Agency, representing 50% of new listings, followed by Integrity Real Estate with 50%. 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.