SOLD
Sold on 13 May 2024 for $3,000,000

83-87 Junction Street
Nowra NSW 2541

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 765m2
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Property Details for 83-87 Junction St, Nowra

Building Type
Commercial
Land Size
765m2
Local Government
Shoalhaven
Lot/Plan
1/DP539582

Last Listing description (December 2019)

A rare, prime CBD location is coming available June 2019!

Shops 8 + 9 positioned at the front of the Main Arcade currently leased by Eurolight offers 92SQM in Retail presence and is zoned B3 Commercial Core. Surrounded by well-established and reputable businesses' this site would be perfect for a new or growing business.

Exceptional dual street access and flourishing foot traffic, this property shouldn't be missed.

For more information or to arrange a viewing, please call the commercial division of Integrity Real Estate on 0244210633

* Displayed price excludes GST.
* GST may be payable,please contact agent for further details.

Property History for 83-87 Junction St, Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$3,000,000
13 May 2024
Listed for Rent
$57/w
21 Aug 2010
  • 13 May 2024
    Sold for $3,000,000
  • 04 Feb 2019
    Listed for Rent $54,500 / year
  • 09 Aug 2017
    Listed for Sale Not Disclosed
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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 6,219 properties. Over the last 5 years, Houses in Nowra have seen a 49.78% increase in median value, while Units have seen a 40.98% increase. As at 30 September 2024:

  • The median value for Houses in Nowra is $602,286 while the median value for Units is $427,167.
  • Houses have a median rent of $510 while Units have a median rent of $400.
There are currently 36 properties listed for sale, and 18 properties listed for rent in Nowra on OnTheHouse. According to CoreLogic's data, 217 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.