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  • 8 Cavanagh Lane, WEST NOWRA, NSW 2541

8 Cavanagh Lane, West Nowra, NSW 2541

  • 5 Bed
  • 3 Bath
  • 2garages

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!

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avatar Josh Adams
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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Provided By
R&H
We Know Your Area
R&H Suburb Profile: West Nowra
R&H Suburb SummaryHouses
Number of sales35
Average Price$653,999
Median Price$680,000
Median Rental Price$550 p.w.
Change in Rental Rate (5yr)53 %
R&H Suburb SummaryUnits
Number of sales8
Average Price$628,375
Median Price$600,000
Median Rental Price$550 p.w.
Change in Rental Rate (5yr)n/a
Median Trend - $680,000
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