SOLD
Sold on 07 Jun 2024 for $456,500

5/164C Princes Highway
South Nowra NSW 2541

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 196m2
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Property Details for 5/164c Princes Hwy, South Nowra

Building Type
Commercial
Land Size
196m2
Local Government
Shoalhaven
Lot/Plan
8/SP102288

Last Listing description (June 2024)

This is the perfect property for an entry level business or an investor looking for a functional and versatile space.

The property is of concrete tilt up construction & features high internal clearance & amenities on the ground floor. In addition, a well positioned - high, roller door, making it ideal for a variety of uses.

Further Features Include:

- 120 sqm internal area plus onsite car parking
- large blank floorspace; allowing versatility for fit-out and storage
- internal facilities including bathrooms; one with a shower
- outstanding location only moments to the Princes Highway
- roller door (5m clearance) and front door access
- awesome signage opportunities externally on your Unit Fascia
- well maintained Complex with established surrounding businesses
- zoned B5 Business Development

Great opportunity for both owner occupiers or investors.

This Industrial unit located on the Princes Highway is sure to impress.

Property History for 5/164c Princes Hwy, South Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$456,500
07 Jun 2024
  • 07 Jun 2024
    Sold for $456,500
  • 10 Apr 2024
    Listed for Sale $420,000 + GST
  • 23 Jul 2019
    Listed for Sale $700,000 - $750,000+ GST

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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 2,054 properties. Over the last 5 years, Houses in South Nowra have seen a 64.36% increase in median value, while Units have seen a 43.09% increase. As at 31 August 2024:

  • The median value for Houses in South Nowra is $811,830 while the median value for Units is $547,677.
  • Houses have a median rent of $593 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 4 properties listed for rent in South nowra on OnTheHouse. According to CoreLogic's data, 110 properties were sold in the past 12 months in South nowra.

Suburb Insights for South 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.