37 Mcmahons Rd, North Nowra is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 1982. The property has a land size of 998m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 8 bedroom House sold in North Nowra in the last 12 months.
It's not everyday an opportunity like this comes along where you can secure such a great investment to add to your portfolio. Situated in the sort after suburb of North Nowra and only minutes walk to the North Nowra Shopping Centre, Medical Centre, North Nowra Tavern and Sharman Park playing fields. 37 McMahons Road consists of 4 separate, 2 bedroom units that are all currently leased out to long standing tenants. Each unit features an open plan kitchen, dining and living area along with 2 bedrooms and a bathroom with combined laundry.Features include -- solid brick and tile construction, all on 1 title- potential subdivision into 4 strata units (STCA)- 4 x 2 bedroom units each with a covered car space- units vary from original condition through to renovated- all units are in full working order with current leases- 2 units have yard access and a shared courtyard- close proximity to the shops, gym and medical centre- a great investment opportunity or buy in your super fundWith the current vacancy rates still at an all time low and the Shoalhaven being one of the leading hot spots in NSW for future growth, now is your time to act. The units are all currently rented out and some are unrenovated due to long standing tenants so there's still potential to add more value down the track. Don't delay as these opportunities like this don't come along often and the owners are open to all genuine offers.
The size of North Nowra is approximately 10.2 square kilometres. It has 25 parks covering nearly 23.8% of 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 2,763 properties. Over the last 5 years, Houses in North Nowra have seen a 44.01% increase in median value, while Units have seen a 47.29% increase. As at 31 January 2026:
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