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133 Mcmahons Road, North Nowra NSW 2541

$539,000

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$539k - $566k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 2 Cars 663 m²

Listed: 16 days ago

Overview

This property presents a unique opportunity for those looking to invest in an established and sought-after suburb at an affordable price point. Located at the peaceful end of North Nowra, the land gently slopes toward the street and enjoys a sunny rear yard facing north—ideal for natural light and outdoor activities. The block's generous width and dual driveway access offer practical solutions for parking multiple vehicles, including room for a boat or van off the street, along with clear access to a versatile double garage which can serve as a workshop or recreational space.

Offering flexibility, this property suits renovators who want to avoid the lengthy approvals tied to new builds, allowing immediate progress using the existing building envelope. The home's structure includes a sturdy hardwood frame and termite-resistant cypress flooring, with some concrete slab elements making the space adaptable for updates and personalisation. The interior has been stripped back, presenting a blank canvas to customize a three-bedroom, two-bathroom layout featuring an ensuite in the master, built-in robes, a large living area that opens to the rear yard, and a spacious central kitchen—all ready to be tailored to the buyer's taste and budget.

Alternatively, the property appeals to those considering demolition and rebuilding options. The block lends itself well to knock down rebuild opportunities or possible duplex developments, subject to council approval, ideally keeping capital gains tax advantages. There's also scope to add a granny flat, offering potential income or extended family accommodation.

Families, investors, and enthusiasts alike will appreciate the property's strategic location close to the river, the convenience of multiple vehicle accommodation, and the flexibility across renovation or redevelopment choices. This rare offering provides a significant canvas for creating a home or investment that suits various lifestyles and objectives within a thriving community.

Quiet location with a north-facing sunny yard
Dual driveway for multiple vehicles and boat or van accommodation
Sound hardwood frame with termite-resistant flooring
Flexible interior layout awaiting renovation
Options for knock down rebuild, duplex, or granny flat*

*Subject to council approval. Buyers should conduct their own enquiries to confirm possibilities.

Local Market Insights

In North Nowra, Quiet Listings observed 36 new houses entering the market over the last 30 days, down from 43 during the previous 30-day period, with an average advertised asking price of $873,361. 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 North Nowra area is currently Raine & Horne, representing 28% of new listings, followed by Ray White with 22%. 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.