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  • Sold
  • 3 Blue Gum Way, NORTH NOWRA, NSW 2541

North Nowra, NSW 2541

  • 4 Bed
  • 2 Bath
  • 4garages

Sold

Sold for $835,000 on Jul 11, 2024

Invest In Me!

Proudly positioned on a 915sqm parcel of land, this four-bedroom home presents the perfect opportunity for those looking to expand their investment portfolios. Nestled in a peaceful family-friendly neighbourhood, the home boasts a free-flowing floorplan & open-concept design. With dual living areas, open kitchen & dining space, four well-appointed bedrooms & generous outdoor entertaining zone.

This property may also suit someone wanting a solid investment now but also a great home to move into at the end of the DHA contract. DHA lease until 20th of December 2026 | Current rent $570 per week.

Property features:

- Brick & colorbond construction

- Double lock-up garage, plus double detached colorbond garage in rear yard

- Corner block, side yard access

- Fully fenced, private yard

- Master-bedroom with ensuite & walk-in robe

- All bedrooms feature built-in robes

- Reverse cycle air-conditioning

- Kitchen with gas cooktop, electric oven, ample storage & breakfast bar

- Large family-sized bathroom with corner bath, shower & toilet

- Internal laundry

DHA Lease Benefits:

- Guaranteed rent: DHA guarantees the rent for the entire lease period, even if the property is vacant. This provides a stable and predictable income stream for investors.

- Long-term leases: DHA offers lease terms of up to 12 years, with the possibility of extension. This can provide investors with peace of mind and long-term financial security.

- Reduced vacancy risk: Because DHA guarantees the rent, there is no risk of the property being vacant and generating no income.

- Property maintenance: DHA takes care of most non-structural repairs and maintenance under the Property Care Contract, which can save investors time and money.

- Market rent reviews: DHA conducts annual rent reviews to ensure that investors are receiving market value rent for their property.

In accordance with DHA regulations, we advise that this property will only be available for private inspection and to pre-qualified buyers.

For more information, contact Jared Cochrane on 0404 210 824.

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avatar Jared Cochrane
Jared Cochrane
Director | Licensed Real Estate Agent

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Property Info:
  • Property ID: L26549257
  • Property Type:House
  • Garages:4
  • Land Area:915 sqm
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R&H Suburb Profile: North Nowra
R&H Suburb SummaryHouses
Number of sales112
Average Price$750,660
Median Price$730,000
Median Rental Price$550 p.w.
Change in Rental Rate (5yr)34 %
R&H Suburb SummaryUnits
Number of sales19
Average Price$541,895
Median Price$550,000
Median Rental Price$440 p.w.
Change in Rental Rate (5yr)10 %
Median Trend - $730,000
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