89 Albert Street
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About this property
Positioned in the heart of Nowra, this versatile dual occupancy property presents an outstanding investment opportunity with immediate returns and long-term security. Offering two well-appointed residences on one title, this is the perfect addition to any savvy investor's portfolio. The first unit offers three generously sized bedrooms, all complete with carpet and built-in robes, serviced by a central bathroom including a full-sized bathtub. Designed for comfortable living, the home boasts an open-plan layout enhanced by raked ceilings and exposed beams, creating a light-filled and inviting atmosphere. The spacious backyard provides plenty of room for outdoor enjoyment, with convenient access via the internal laundry, along with a single carport for off-street parking. The second unit offers a private and low-maintenance one-bedroom, one-bathroom layout with similar features, and a single carport. With access to the rear yard from the internal laundry, this unit provides privacy and practicality, making it highly appealing. Both residences include electric cooking options and are currently tenanted, achieving a combined rental return of $775 per week. With leases secured through to February 2027, rest easy and enjoy immediate income with peace of mind. Located just a short 2-minute drive to Nowra CBD, or approximately a 20-minute walk, this property combines convenience with strong rental appeal. Key Features: - Dual occupancy investment on one title - Unit 1 = 3-bedroom / Unit 2 = 1 bedroom - Combined rental return of $775 per week - Leases secured through to February 2027 - Spacious yard and practical layouts - Light-filled living area with raked ceilings and exposed beams - Close proximity to Nowra CBD, shops, and amenities - An exceptional opportunity to secure a ready-made investment in a sought-after central location. To arrange your inspection, contact the Selling Agents at Professionals Nowra today on 02 4421 2644.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 702 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Nowra
This 4-bedroom house in Nowra, NSW 2541 sits within reach of public transport, local shops and nearby schools. It is listed 7% above the $735,000 median of 65 comparable houseswithin 5 km.
Schools near Nowra
- Nowra Christian Schoolcombined · K-12 · CoEd
- Nowra Hill Public Schoolprimary · K-6 · CoEd
- Nowra Public Schoolprimary · K-6 · CoEd
- Nowra High Schoolsecondary · 7-12 · CoEd
- Shoalhaven High Schoolsecondary · 7-12 · CoEd
- St John the Evangelist Catholic High Schoolsecondary · 7-12 · CoEd
What's nearby
- Nowra Bus Terminal, Stewart Pl - Stand 2 (bus) — 1.4 km away
- Nowra Cycle Centre — 1.2 km away
- Davis Park — 984 m away
- Marriott Park — 1.0 km away
- Rauch Park — 1.6 km away
Nowra at a glance
Full suburb profile- Population
- 9,956
- Median age
- 40
- Household income
- $1,037/wk
- Median rent
- $300/wk
- Median mortgage
- $1,500/mo
Source: ABS Census.
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Suburb market
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Nowra price trend
Median sold · House 4 bed
Compound growth +2.5% / yr over 4 yrs
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