49/49-A Osprey Rd, South Nowra is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 676m2.
Offering two income streams, this is an impressive opportunity for the astute investor. The dual key property is an eye catcher with its modern street appeal, rendered exterior and earthy colour tone, it's ideally located in the popular Twin Waters Estate directly opposite a wildlife filled nature reserve.
Villa 49, starting with the large family side, this offers three bedrooms with built-ins, master suite with walk-in-robe and ensuite, main bathroom with bath tub, ample linen and storage space. The well-placed kitchen has Caesarstone benchtops, gas cooking, breakfast bar and walk-in-pantry. Separate lounge or media room, generous living/ dining area which opens directly out to the alfresco entertaining and secure grassy backyard, offering loads of room for kids/ pets to enjoy. A double garage with internal access.
Villa 49A, catered for a couple or single, offering two bedrooms with built-ins, combined living/ dining area, kitchenette with Caesarstone benchtops & gas cooking, bathroom and laundry. A secure private courtyard, off street parking.
Other features include modern fixtures and fittings, stainless steel appliances, tile and carpet flooring, ducted air conditioning, instant gas hot water, and town gas.
Fantastic tenants and a combined weekly return of $730.00.
WOW, this is an investment worth adding to your portfolio. Located on the corners of Osprey Street & Wattlebird Road, less than 2km's from the local shopping, schools & medical centre, a few seconds to the pond with playground, BBQ/ sitting areas and looped walking path. Approximately 10 minute drive to the Nowra CBD, public and private schools, HMAS Albatross, University, TAFE, and let's not forget the pristine beaches of Jervis Bay and coastal towns just 20 minutes away.
Please call Benji Ward on 0422 492 010 or email benji.ward@nowra.rh.com.au to arrange a private inspection.
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 2,039 properties. Over the last 5 years, Houses in South Nowra have seen a 58.69% increase in median value, while Units have seen a 33.53% increase. As at 31 October 2024:
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