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  • 62 St Anns Street, NOWRA, NSW 2541

62 St Anns Street, Nowra, NSW 2541

  • 2 Bed
  • 2 Bath
  • 1garages

Sold

Sold for $615,000 on Mar 01, 2024

Prime Investment Opportunity

Located on a busy corner in an elevated position overlooking the Nowra CBD with views across to the Cambewarra Mountain Escarpment sits this prime investment opportunity.

This is your chance to diversify your property portfolio with a combination of Commercial & Residential tenants. The site includes existing leased properties comprising of a Cafe/Take Away Store and a 2-bedroom residential apartment with a substantial income stream. Current rental income is approx $680 per week.

Commercial/Shop Front features:

- Shop space & prep area

- Located in a prominent location on a busy road

- Commercial kitchen & shop front

- Grease trap

- Outdoor seating/paved courtyard

- Air-conditioning

Residential Unit Features:

- 2-bedrooms with built in robes

- Combined living/dining area

- Kitchen with free-standing electric stove, large sink & ample storage

- All-in-one bathroom

- Covered outdoor entertaining deck

- Fully fenced yard with access

- Air-conditioning

- Single garage/studio with storage room, shower & additional toilet

For more information or to arrange an inspection, contact Jared Cochrane on 0404 210 824 or via [email protected]

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avatar Jared Cochrane
Jared Cochrane
Director | Licensed Real Estate Agent

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Property Info:
  • Property ID: L1150857
  • Property Type:House
  • Garages:1
  • Land Area:624 sqm
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R&H Suburb Profile: 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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