SOLD
Sold on 27 Nov 2024 - Price Unavailable

2 Shepherd Street
Nowra NSW 2541

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 689m2
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Property Details for 2 Shepherd St, Nowra

Building Type
Commercial
Land Size
689m2
Local Government
Shoalhaven
Lot/Plan
16/DP17982

Last Listing description (April 2011)

RARE OPPORTUNITY OPPOSITE FANTASTIC MOLLYMOOK BEACH
Once in a lifetime opportunity to purchase an extremely high quality freehold Tourism property in such a glorious location. The chance to buy a wonderful lifestyle with a terrific income for the price of a beachside home in this area.
* 15 suites - 9 large motel units, 2 spa suites

* 1 x 1 bedroom and 3 x 2 bedroom self contained apartments
* Marvellous 2 storey 3 bedroom residence - lock up garage
* On 3 lots with 2 street frontages - 1,860m of land
* Heated pool and spa - guests BBQ
* Opposite the pristine sands of Mollymook Beach
* Walk to Golf Club - close cafes, surf club, newsagency
* Exceptional income from 65% year round occupancy
* Easy husband & wife bed and breakfast operation
QUALITY, LOCATION AND LIFESTYLE - ABSOLUTELY MARVELLOUS!
For more details please call Peter Sweet on 0411 876 427 or visit www.motelsforsale.com.au

Property History for 2 Shepherd St, Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
27 Nov 2024
  • 27 Nov 2024
    Sold
  • 01 Apr 2011
    Listed for Sale FREEHOLD $2,950,000

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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 6,244 properties. Over the last 5 years, Houses in Nowra have seen a 44.59% increase in median value, while Units have seen a 48.41% increase. As at 30 November 2024:

  • The median value for Houses in Nowra is $597,364 while the median value for Units is $455,782.
  • Houses have a median rent of $520 while Units have a median rent of $405.
There are currently 27 properties listed for sale, and 14 properties listed for rent in Nowra on OnTheHouse. According to CoreLogic's data, 237 properties were sold in the past 12 months in Nowra.

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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.