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Back 1&2/63 Wallace Street
Off Market

1&2/63 Wallace Street

Nowra NSW 2541

6
2
2
549.53 m²
Block of units
Last sold for $755,000
Kelly JamiesonKelly Jamieson, last sold this property on 07 April 2026 after 34 days on market.

Overview

dual income opportunity

This impressive dual-occupancy property presents a rare and versatile opportunity in the heart of Nowra. Comprising two fully self-contained three-bedroom units, this property is perfectly suited to savvy investors seeking strong rental returns, multi-generational families wanting space and independence, or owner-occupiers looking to live in one and lease the other. unit 1: - 3 bedrooms all with ceiling fans & 1 with a built-in wardrobe - updated kitchen overlooking rear yard - internal laundry/bathroom, plus direct backyard access - separate WC - carport parking - current tenant paying $400 pw unit 2: - 3 bedrooms, all with built-in wardrobes - updated kitchen, overlooking rear yard - front balcony overlooking Lyrebird Sports Park - all-in-one main bathroom - single lock-up garage - external laundry with second WC - current tenant paying $420 pw Currently returning $820 per week, with a current rental opinion of $900 per week ($450 per unit). Location: - across the road from Lyrebird Sports Park - 6 min drive to Nowra CBD - 8 min drive to Shoalhaven District Hospital  - adjoining local primary school The dual-income potential makes this property a smart addition to any investment portfolio, while its low-maintenance design ensures ease of management. Positioned in a well-established and convenient location, close to local schools, shops, medical facilities, and essential amenities, it delivers both lifestyle appeal and long-term growth potential within the thriving Shoalhaven region.

Features

6 bedrooms
2 bathrooms
2 carspaces
549.53 m² lot size
Block of units

Estimated Value

We need at least 3 similar 6 bedroom block of units sold in Nowra over the last 12 months.

Property history for 1&2/63 Wallace Street

2026
Sold
$755,000
Private Sale/Treaty on 07 Apr 2026 by Kelly Jamieson, of Integrity Real Estate Nowra

Happy sellers in Nowra

86%
86% of sellers in Nowra reported that their sale price either exceeded or met their price expectations.

Nowra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Nowra over the last 12 months.

Local market activity for 6 bedroom block of units in Nowra

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Liam Tebbutt

Liam Tebbutt is an award winning recommended agent for Nowra.  They have 34 local sales and collected 14 local reviews across the last 12 months.

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Jamie Gossage

Sellers who recommend Jamie Gossage have praised them for being clear communication, local expert, responsive, friendly, honest, reliable and supportive

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Peter Rapley

Peter Rapley is a recommended agent for Nowra.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (146 reviews)
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Bianca McMillan

Bianca McMillan is a recommended agent for Nowra.  They have 17 local sales and collected 3 local reviews across the last 12 months.

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