144 Mcmahons RoadNorth Nowra NSW 2541
Property Details for 144 Mcmahons Rd, North Nowra
144 Mcmahons Rd, North Nowra is a 5 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 886m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 5 bedroom House sold in North Nowra in the last 12 months.
Last Listing description (November 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
- 01 Nov 2023Sold for $817,000
- 20 Jul 2023Listed for Sale $839,000
- 14 Oct 2017Listed for Rent $300 / week
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0About 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 2,745 properties. Over the last 5 years, Houses in North Nowra have seen a 56.74% increase in median value, while Units have seen a 69.75% increase. As at 31 August 2024:
- The median value for Houses in North Nowra is $669,002 while the median value for Units is $477,879.
- Houses have a median rent of $550 while Units have a median rent of $430.
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