OFF MARKET

144 Mcmahons Road
North Nowra NSW 2541

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 113m2
Land area: 886m2
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Property Details for 144 Mcmahons Rd, North Nowra

144 Mcmahons Rd, North Nowra is a 0 bedroom, 0 bathroom House with 5 parking spaces and was built in 1980. The property has a land size of 886m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1980
Floor Size
113m2
Land Size
886m2
Local Government
Shoalhaven
Lot/Plan
101/DP625117

Last Listing description (December 2023)

Two properties on one title, located in the desirable North Nowra area. Offering a three-bedroom house and an impressive detached secondary dwelling, this unique offering is a haven of versatility, ensuring a dual income stream for astute investors or the perfect blend of space and income for those seeking a home for their family and extended family.

Dual Income Potential:
Unlock the potential of this property and reap the rewards of a dual income stream. Whether you're a savvy investor looking to maximize returns or a first-time buyer seeking a smart financial strategy, this opportunity allows you to occupy the main house while generating income from the secondary dwelling. Imagine reducing your mortgage repayments while living in your new home!

The Main House:
Offering three bedrooms, one-bathroom, single lock-up garage and a detached four-car Colourbond garage. A lounge room adorned with a slow combustion fireplace and air conditioning, ensuring year-round comfort. The large timber kitchen provides an abundance of space for an in-kitchen dining table, while the bedrooms showcase built-in robes. A covered entertaining area at the rear extends your living space overlooking the back yard. Plus, the secure fencing enhances privacy and security for your peace of mind.

The Secondary Dwelling:
Known as 4 Devlin Avenue, constructed in 2020. This modern secondary dwelling offers a separate address whilst being on one title. Having 2 bedrooms with built-in robes, a well-appointed bathroom, and a well-designed kitchen flowing into the lounge room. Stainless steel appliances, gas cooking, and air conditioning complete the modern living experience. Step onto the front veranda and bask in the warm afternoon sun, overlooking the easy-care front and side yard.

Convenient Location:
Situated at the far end of McMahons Road, this property offers a convenient lifestyle. With proximity to local schools, North Nowra Shopping Centre & Medical Centre, parks, Shoalhaven Zoo, golf course, and the serene Shoalhaven River.

Land Size: 886m2
Zoning: R2 Low density Residential
Potential Rental Return $900.00 to $950.00 per week
Council Rates: $2,067.21
Water Rates: $1,044.00

Discover the potential options of this dual income opportunity and secure your financial future today. Contact Benji Ward on 0422 492 010 or email benji.ward@nowra.rh.com.

Property History for 144 Mcmahons Rd, North Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$817,000
01 Nov 2023
Listed for Rent
$300/w
22 Nov 2017
  • 01 Nov 2023
    Sold for $817,000
  • 20 Jul 2023
    Listed for Sale $839,000
  • 14 Oct 2017
    Listed for Rent $300 / week
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About North Nowra 2541

The size of North Nowra is approximately 10.2 square kilometres. It has 25 parks covering nearly 23.8% of total area. The population of North Nowra in 2011 was 5,394 people. By 2016 the population was 5,826 showing a population growth of 8.0% in the area during that time. The predominant age group in North Nowra is 0-9 years. Households in North Nowra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Nowra work in a professional occupation. In 2011, 70.3% of the homes in North Nowra were owner-occupied compared with 69.2% in 2016.

North Nowra has 2,750 properties. Over the last 5 years, Houses in North Nowra have seen a 54.87% increase in median value, while Units have seen a 67.82% increase. As at 30 November 2024:

  • The median value for Houses in North Nowra is $676,554 while the median value for Units is $476,034.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 6 properties listed for rent in North nowra on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in North nowra.

Suburb Insights for North Nowra 2541

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.