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155B Wallace Street, Nowra NSW 2541

$1,300,000

Search Band Search Visibility Band

$1.3M - $1.4M High Confidence Calculated based on strong search observations.

House 5 Beds 3 Baths 2 Cars

Listed: 19 days ago

Updated: 12 days ago

Overview

This unique property offers an exceptional proposed dual occupancy arrangement designed to provide flexibility, combining a stylish main residence and a separate granny flat. The main home is thoughtfully laid out over two levels, featuring three spacious bedrooms including a master suite with an ensuite and built-in robe. Its generous open-plan living, kitchen, and dining areas foster a welcoming atmosphere for both daily living and entertaining. Complemented by an entertainer's decking, the outdoor space encourages relaxed gatherings and seamless indoor-outdoor living, enhancing lifestyle possibilities.

The double garage with internal access adds convenience and security, catering well to modern family needs. At the rear, the separate single-level granny flat is a standout feature, offering two well-proportioned bedrooms with built-in robes and an open-plan living and kitchen area. Its low-maintenance design and private rear access make it ideal for extended family accommodation, guests, or rental income.

Whether you aim to live in the main house while generating rental income from the granny flat, provide accommodation for extended family, or maximize investment returns by leasing both dwellings, this property offers versatility and potential. The layout is particularly attractive for investors seeking dual rental income or homeowners wanting future-proof flexibility without compromising on comfort or privacy.

Stylish two-level main residence with four bedrooms and two bathrooms
Generous open-plan living areas and entertainer's decking
Separate modern granny flat with two bedrooms and private access
Double garage with internal access and convenient location
Ideal for families, investors, or multigenerational living arrangements

Overall, this property presents an outstanding opportunity in Nowra for buyers who value flexibility, space, and potential for dual income or extended family living within one secure and well-designed site.

Local Market Insights

In Nowra, Quiet Listings observed 35 new houses entering the market over the last 30 days, down from 41 during the previous 30-day period, with an average advertised asking price of $881,000. The property type mix of listed properties is predominantly Houses at 76%, followed by units (8%), and land (4%). The most active agency for houses in the Nowra area is currently Raine & Horne, representing 26% of new listings, followed by Ray White with 17%. 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.