SOLD
Sold on 22 Nov 2023 for $2,400,000

28 Quinns Lane
South Nowra NSW 2541

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 17220m2
Improve this data
Sold By
Nick Dale
Belle Property Berry
Share
Save

Property Details for 28 Quinns Lane, South Nowra

28 Quinns Lane, South Nowra is a 3 bedroom, 2 bathroom House. The property has a land size of 17220m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in South Nowra in the last 12 months.

Building Type
House
Land Size
17220m2
Local Government
Shoalhaven
Lot/Plan
2/DP624443

Last Listing description (December 2023)

Council have communicated that they support this site for B5 development and have ear-marked the western side of the property as a council road (20m wide) to further expand and access the B5 zones surrounding areas.

1.72Ha / 4.25 acres
Height allowances 21m / 5 stories

Floor space allowance up to 10,000 m2

Current Structures/units include;

Unit 1 - Service/ retail unit tenanted
Unit 2 - Service / retail unit tenanted
Unit 3 - Workshop/warehouse tenanted
Residential 3-bedroom house vacant
Current return $4,840 pm / $58,080 p.a. (Potential with residence rental $7,340 / $88,080 p.a. )

Proposed Best Use

A 'best use' proposal has been drafted as an example of how the property can best perform as an investment and development. This is just an example however the sizes and rates are all applicable based on sales history in the immediate region.
It is estimated that at least $12mil of saleable space is achievable on the simplest of plans. This has only taken in consideration 1 level whereas 5 stories / 21 metres in height can be utilised.

Show More

Property History for 28 Quinns Lane, South Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$2,400,000
22 Nov 2023
Listed for Rent
$425/w
27 Feb 2017
  • 22 Nov 2023
    Sold for $2,400,000
  • 16 Feb 2023
    Listed for Sale Contact Agent

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About South Nowra 2541

The size of South Nowra is approximately 8.9 square kilometres. It has 7 parks covering nearly 29.6% of total area. The population of South Nowra in 2011 was 1,019 people. By 2016 the population was 1,911 showing a population growth of 87.5% in the area during that time. The predominant age group in South Nowra is 0-9 years. Households in South Nowra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Nowra work in a trades occupation. In 2011, 65.4% of the homes in South Nowra were owner-occupied compared with 68.5% in 2016.

South Nowra has 2,053 properties.

    There are currently 12 properties listed for sale, and 7 properties listed for rent in South nowra on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in South nowra.

    South Nowra Profile Page

    Suburb Insights for South Nowra 2541

    Visit South Nowra profile page
    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Visit South Nowra profile page
    CoreLogic Copyright and Legal Disclaimers about Property Data

    © Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

    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.

    This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

    X

    GETTING STARTED