SOLD
Sold on 26 Mar 2024 for $1,920,000

103 Junction Street
Nowra NSW 2541

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 165m2
Land area: 462m2
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Property Details for 103 Junction St, Nowra

Building Type
Commercial
Floor Size
165m2
Land Size
462m2
Local Government
Shoalhaven
Lot/Plan
1/DP549814

Last Listing description (March 2022)

Looking to start your own retail business? Well this could very well be what you are looking for! Located in busy Morrison Arcade just off Junction Street & Egans Lane. The premises includes air conditioning and is surrounded by other quality retail businesses, this is a site not to be missed.

For further information on the property please contact Ray White South Coast on 02 4422 1444


***Lease terms negotiable and a potential rent-free period for the right tenancy**

Property History for 103 Junction St, Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$1,920,000
26 Mar 2024
Listed for Rent
$5.00k/w
16 Aug 2023
  • 26 Mar 2024
    Sold for $1,920,000
  • 31 Mar 2021
    Listed for Rent - Price not available
  • 24 Jun 2016
    Listed for Rent $2,100 / month

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About Nowra 2541

The size of Nowra is approximately 9 square kilometres. It has 33 parks covering nearly 18.7% of total area. The population of Nowra in 2011 was 9,256 people. By 2016 the population was 9,177 showing a population decline of 0.9% in the area during that time. The predominant age group in Nowra is 50-59 years. Households in Nowra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nowra work in a community and personal service occupation. In 2011, 52.3% of the homes in Nowra were owner-occupied compared with 49.9% in 2016.

Nowra has 6,215 properties. Over the last 5 years, Houses in Nowra have seen a 48.26% increase in median value, while Units have seen a 55.60% increase. As at 31 August 2024:

  • The median value for Houses in Nowra is $601,611 while the median value for Units is $460,827.
  • Houses have a median rent of $510 while Units have a median rent of $400.
There are currently 26 properties listed for sale, and 23 properties listed for rent in Nowra on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in Nowra.

Suburb Insights for 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.