71 Kinghorne StreetNowra NSW 2541
Property Details for 71 Kinghorne St, Nowra
Last Listing description (May 2023)
Burgess Rawson is pleased to offer to the market, 71 Kinghorne Street, Nowra NSW for sale via our Investment Portfolio Auction 160.
This opportunity has the following key investment highlights:
+ New 5 year lease to NRMA branded agency to 2028 plus options to 2037
+ Flagship freehold in Nowra city centre boasting of NRMA & Massage tenancy
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Beachfront Thai Massage: renewed lease to 2026
+ Nowra: important administrative, commercial, and retail centre for the NSW South Coast
+ Long established NRMA agency since 2008
+ Immaculate NRMA fit-out
+ Net Income: $111,987 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx.
Property History for 71 Kinghorne St, Nowra, NSW 2541
- 18 May 2023Sold for $1,620,000
- 12 Apr 2023Listed for Sale Price on Request
- 17 Jul 2015Sold for $1,200,000
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About Nowra 2541
The size of Nowra is approximately 9.0 square kilometres. There are 33 parks, covering nearly 18.7% of the total area. The population of Nowra in 2016 was 9193 people. By 2021 the population was 9956 showing a population growth of 8.3% in the area during that time. The predominant age group in Nowra is 20-29 years. Households in Nowra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nowra work in a community and personal service occupation.In 2021, 50.10% of the homes in Nowra were owner-occupied compared with 49.90% in 2016.
Nowra has 6,266 properties. Over the last 5 years, Houses in Nowra have seen a 34.01% increase in median value, while Units have seen a 34.49% increase. As at 30 April 2026:
- The median value for Houses in Nowra is $677,038 while the median value for Units is $477,928.
- Houses have a median rent of $550 while Units have a median rent of $430.
Suburb Insights for Nowra 2541
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