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
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Craig Betalli
Mortgage Broker
Provided By
We Know Your Area
R&H Suburb Profile: West Nowra
R&H Suburb Summary | Houses |
---|---|
Number of sales | 35 |
Average Price | $653,999 |
Median Price | $680,000 |
Median Rental Price | $550 p.w. |
Change in Rental Rate (5yr) | 53 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 8 |
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
Recently Listed
Recently Sold