OFF MARKET

22 Mcmahons Road
North Nowra NSW 2541

Bedrooms: 6
Bathrooms: 1
Car spaces: 2
Land area: 1040m2
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Last updated 16 Dec 2024
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Property Details for 22 Mcmahons Rd, North Nowra

22 Mcmahons Rd, North Nowra is a 6 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1040m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Land Size
1040m2
Local Government
Shoalhaven
Lot/Plan
8/DP26653

Last Listing description (October 2024)

22 McMahons Road, North Nowra is currently set up and used as a successful consulting business consisting of a front reception and waiting room along with 6 separate offices, a large meeting room plus a kitchenette/lunch room and a renovated bathroom. There's also an additional 7x3 consultation room/shed with air conditioning at the rear of the property.

Features include -
- endless possibilities of what can be done on this site

- potential to extend or sub-divide or build a dual occupancy at the rear
- approximately 1037m2 level block zoned R3 medium density
- located 100m from the North Nowra shops, Gym and Tavern
- North Nowra Medical Centre is directly across the road
- close proximity to schools, playing fields and the Nowra Golf Club
- ducted air conditioning, alarmed, ample off-street parking

This property would be ideal for anyone looking to run a home activity business, use as professional offices or you could convert it back to a home or use as an investment. Don't forget the option of removing the existing property and building units on the whole site or just building a duplex at the rear like next door. Opportunities like this do not come along often so don't delay.

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Property History for 22 Mcmahons Rd, North Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$810,000
13 Jul 2023
Listed for Rent
$20k/w
27 Nov 2023
  • 12 Sep 2023
    Listed for Rent $20,000 / year
  • 13 Jul 2023
    Sold for $810,000
  • 12 Jun 2023
    Listed for Sale $810,000
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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, 124 properties were sold in the past 12 months in North nowra.

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