Welcome Home to 22 Hyam Street, Nowra.
Positioned on the northern fringe of Nowra's CBD, this substantial 1,056sqm (approx.) corner allotment presents an exceptional opportunity for investors and developers seeking a strategically located property with MU1 Mixed Use zoning. Occupying the corner of Hyam and Osborne Streets, with approximately 29 metres and 30 metres of street frontage respectively, the relatively level allotment offers considerable scope to explore future development opportunities (STCA). Its location is particularly appealing, positioned between Shoalhaven District Memorial Hospital and the Shoalhaven Entertainment Centre, approximately 300 metres and 250 metres away respectively, with Nowra Aquatic Park, the Shoalhaven River and CBD amenities also within easy reach. Surrounded by a mix of residential and commercial properties, the site is well positioned within an established and evolving precinct.
The property also benefits from an existing circa 1915 three-bedroom cottage, currently tenanted and maintained in good condition, providing an established residential investment while future possibilities are explored. The home offers three bedrooms with built-in wardrobes, including a main bedroom with ensuite, two separate living areas, a study, sunroom, rumpus room and oversized kitchen. Reverse-cycle air conditioning provides year-round comfort, while a detached single garage with workshop and additional storage, together with a separate garden shed, adds further functionality. Importantly, the existing dwelling is positioned to one side of the allotment, leaving a substantial area of open land and further enhancing the appeal of this versatile property.
Property particulars are noted below:
- Approximately 1,056sqm relatively level corner allotment.
- MU1 Mixed Use zoning.
- Approximately 29m frontage to Hyam Street.
- Approximately 30m frontage to Osborne Street.
- Existing dwelling positioned to one side of the allotment.
- Circa 1915 single-storey cottage.
- Three bedrooms, all with built-in wardrobes.
- Main bedroom with ensuite and separate family bathroom.
- Two living areas, study, sunroom and rumpus room.
- Oversized kitchen and reverse-cycle air conditioning.
- Detached single garage with workshop and additional storage.
- Separate garden shed.
- Currently tenanted and maintained in good condition.
- Approximately 300m to Shoalhaven District Memorial Hospital.
- Approximately 250m to Shoalhaven Entertainment Centre.
- Less than 500m to Nowra Aquatic Park (approx.).
- Convenient access to Nowra CBD and the Shoalhaven River.
- Potential for a range of future uses, subject to relevant planning controls and approvals.
With its substantial landholding, prominent corner position and strategic location within Nowra's mixed-use precinct, 22 Hyam Street presents an opportunity worthy of serious consideration. Contact us today to arrange an inspection or discuss the property's potential.
