1-4/111 Mcmahons Rd, North Nowra is a 6 bedroom, 4 bathroom Unit with 4 parking spaces.
Positioned conveniently in the sought after suburb of North Nowra, this exceptional opportunity offers instant income and future flexibility. This well-maintained complex consists of four individual units two spacious 2-bedroom units and two neat 1-bedroom units, each with their own lock-up garage and access to a communal backyard.Currently leased to Southern Cross Community Housing, this property presents a secure and consistent rental return with a potential income of approx. $83,000 pa.Key features:- 4 unit complex: 2 x 2 bedroom & 2 x 1 bedroom- All units brick construction with own laundry, garage & air conditioning- Generous communal backyard space with 2 x hills hoists- Fully leased to reputable tenant body- Convenient location; close to local shopping village- All units neat & well maintained with minor renovations throughout All 4 units are also for sale individually. With the hard work already done, recently being strata titled this complex allows flexibility for the savvy investor. Whether you're seeking a set-and-forget investment or a property with room to evolve, this is a solid portfolio addition in a high-demand rental area. Opportunities like this are tightly held and rarely offered act quickly.Enquire today for more information, discuss the tenancy mix and arrange your inspection.
The size of North Nowra is approximately 10.2 square kilometres. There are 25 parks, covering nearly 23.8% of the total area. The population of North Nowra in 2016 was 5794 people. By 2021 the population was 5856 showing a population growth of 1.1% in the area during that time. The predominant age group in North Nowra is 0-9 years. Households in North Nowra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Nowra work in a professional occupation.In 2021, 70.30% of the homes in North Nowra were owner-occupied compared with 69.20% in 2016.
North Nowra has 2,767 properties. Over the last 5 years, Houses in North Nowra have seen a 27.74% increase in median value, while Units have seen a 27.41% increase. As at 30 June 2026:
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