8 Cavanagh Lane, West Nowra, NSW 2541
- 5
- 3
- 2
Sold
Sold for $885,000 on Sep 12, 2024
Exceptional Investment Opportunity in Prime Location!
Discover this family-sized duplex in a sought-after central location, just minutes from schools, Nowra CBD, and the Wollongong University Shoalhaven Campus. Set on a generous 662sqm block, this Torrens titled property offers ample space and exceptional return with a current appraised rent of $980 per week!
Key Features:
8 Cavanagh:
• 3 spacious bedrooms with built-in robes
• 2 modern bathrooms
• Single motorized garage
• Reverse cycle air conditioning
• Large, fully fenced backyard-perfect for family activities
• Just out of lease at $500 per week, with a current rental appraisal of $540 per week
8a Cavanagh:
• 2 comfortable bedrooms with a built-in robe in the main bedroom
• 1 stylish bathroom
• Single motorized garage
• Reverse cycle air conditioning
• Low-maintenance, fully fenced yard
• Just out of lease at $400 per week, with a current rental appraisal of $440 per week
Both units feature covered entertaining areas, open-plan living spaces, and contemporary finishes throughout. Each side are occupied by great tenants keen to stay on, providing a secure, immediate return of $900 per week, with potential market rent at $980 per week.
Why Invest?
• Strong rental income with potential for growth
• Attractive location close to essential amenities
• Modern features and low maintenance
Don't miss out on this outstanding investment opportunity to expand your portfolio.
For more details or to schedule a viewing, contact Josh Adams today at 0435 739 560!
Josh Adams
Sales Consultant | Licensed Real Estate Agent
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L29933554
- Property Type:Duplex
- Garages:2
- Land Area:662 sqm
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R&H Suburb Profile: West Nowra
R&H Suburb Summary | Houses |
---|---|
Number of sales | 36 |
Average Price | $651,221 |
Median Price | $660,000 |
Median Rental Price | $540 p.w. |
Change in Rental Rate (5yr) | 50 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 8 |
Average Price | $621,875 |
Median Price | $600,000 |
Median Rental Price | $550 p.w. |
Change in Rental Rate (5yr) | n/a |
Median Trend - $660,000
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