Back 2/113 Mcmahons Rd
Off Market

2/113 Mcmahons Rd

North Nowra NSW 2541

2
1
1
164 m²
Unit
Last sold for $450,000
Maddison CrappMaddison Crapp, last sold this property on 15 March 2026 after 47 days on market.

Overview

Well Positioned Investment Unit

Built in the 1980s, this well-kept two-bedroom, one-bathroom unit on McMahons Road, North Nowra presents a solid opportunity in a highly convenient location. Positioned just a short stroll from local shops, bakeries and cafés, it offers everyday ease for tenants and strong ongoing appeal. The interior features a spacious open-plan living and dining area with timber flooring and reverse-cycle air conditioning, providing a comfortable and practical layout. Both bedrooms are generously sized, carpeted, and complemented by original brick feature walls that reflect the home's era and add a sense of warmth. A standout feature is the level of privacy, with established hedging enclosing the rear of the property - an uncommon benefit among comparable units. The bathroom includes a combined shower and bath, maximising functionality, while vertical blinds in the bedrooms and full-length curtains in the living area further enhance privacy throughout. Currently leased at $390 per week with tenants in place, the property offers an immediate income stream in a consistently strong rental pocket. Well located, low maintenance and reliable, this is a straightforward investment with enduring appeal.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
164 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in North Nowra over the last 12 months, the estimated median property value of 2/113 Mcmahons Rd is $469k.

Median value
$469k
Estimated value range
$420k - $515k
Median days on market
48
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in North Nowra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/113 Mcmahons Rd

2026
Sold
$450,000
15 Mar 2026 by Maddison Crapp, of Raine & Horne - Berry
2026
Sold
15 Mar 2026 by Jacqui Crapp, of Raine & Horne - Berry
2023
Rented
Undisclosed
Leased on 24 Nov 2023 by Raine & Horne - Berry

Happy sellers in North Nowra

83%
83% of sellers in North Nowra reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 32 reviews in North Nowra over the last 12 months.

Local market activity for 2 bedroom units in North Nowra

In the last 12 months, 6 two-bedroom units similar to 2/113 Mcmahons Rd, have been sold.

This represents a 300% decrease in two-bedroom units sales when compared to the previous 12 months.

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