A Savvy Investment Opportunity

Investors will be impressed with this well-presented complex that represents an opportunity to generate substantial income from four single-level units set on a single-title unit block in the heart of sought after North Nowra.

Well-appointed throughout, each 2 bedroom unit has built ins to the master, a combined bathroom/laundry, open-plan living dining & kitchen area, and covered carport.

Further features include:
– Solid brick construction
– Corner block of 1009 sqm
– Current rentals can be significantly increased to reflect upwards of income $80,000p/a
– Currently supporting long and short term tenancies
– 1x Visitor car space
– Generous open-plan living and dining space
– All units have been well maintained
– Reverse Cycle Air Conditioning in each unit
– Views of Sharman park from units 3-4
– Walking distance to North Nowra oval (Sharman Park), shopping centre, Tavern, Schools, medical facilities and many more.

The North Nowra medical practice is just 150m away, and North Nowra shopping centre a breezy walk of 300m, with small grocer, bakery, Flame Pizzeria, Pharmacy, Gym and more.
This complex has been a solid investment for many years and is ready for new investors to take the reins and further benefit from all that is on offer.

This property is being offered for sale via a Timed Auction commencing on 9:00am, Friday 03 March 2023 – 4:00pm, Monday 13 March 2023 [Australia/Sydney].

To register to bid https://buy.realtair.com/properties/103581

To watch the auction https://buy.realtair.com/properties/103581

The ‘Timed Auction’ allows you to make offers and negotiate real time with absolute transparency of all other interested buyers and bids. Every time another bid is submitted you will be immediately notified via the Realtair platform and will be provided with the opportunity to increase your bid up until the conclusion of the Timed Auction. If a bid is placed in the last 5 minutes, the clock will reset to 5 minutes.

All registered buyers will be required to provide proof of identification as part of the registration process prior to being accepted as an active buyer for this property on the Realtair platform.

Please note that should you be the highest bidder at the end of the timed sale and subject to the vendors reserve price you will be the successful purchaser. In which, you will need to immediately sign the contract of sale and transfer payment of the required deposit. Please ensure with the agent and your bank that you have the capacity to make this transfer.
All bids must be submitted on the platform, bids will not be accepted offline.

Should you have any further questions please do not hesitate to contact the listing agent.

Property ID: 1264925