Back 5 Gunbar Way
Off Market

5 Gunbar Way

Nowra NSW 2541

6
3
2
510 m²
House
Last sold for $880,000
Cindy McGillivrayCindy McGillivray, last sold this property on 27 February 2022 after 11 days on market.

Overview

Attention all investors

Are you looking to achieve a great return with two incomes from one property? If so, do yourself a favour and check this one out as it will not last long. Offering a great chance for the savvy investor to achieve a great return with two incomes or for someone wanting a subsidized home with a second income. This property offers two income streams, conveniently located only minutes from Nowra CBD, Public / Private Schools & much more. Current rental return combined $770 per week! Both tenants would like to extend their lease. Unit 5 (4 bedroom side): - 2 bathrooms - Living area with open plan layout - Outdoor Entertainment area - Single automatic garage with internal access - Currently returning $440 per week (in lease until 16/09/2022) Unit 5a (2 bedroom side): - 1 bathroom - Simple living space - Outdoor Entertainment area - Single automatic garage with internal access - Currently returning $330 per week (in lease until 26/05/2022) Featuring a versatile single level layout, modern kitchen, reverse cycle air conditioning, ceiling fans, alfresco entertaining spaces and secure grassy backyards. Considered to be a fantastic investment in today's market, this is not one with time for delay. Please note this property can only be viewed by booked open home inspections scheduled each week as so we do not disrupt the tenants. Contact me today to book your timeslot.

Features

6 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
510 m² lot size
House

Estimated Value

Based on this property and similar 6 bedroom houses sold in Nowra over the last 12 months, the estimated median property value of 5 Gunbar Way is $1.06m.

Median value
$1.06m
Estimated value range
$970k - $1.38m
Median days on market
35
Estimated value trend
37%
increase over the last 12 months
Average days on market is based on recent, comparable sales in 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 5 Gunbar Way

2022
Sold
$880,000
Private Sale/Treaty on 27 Feb 2022 by Cindy McGillivray, of MCG Property Shoalhaven

Happy sellers in Nowra

90%
90% 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 20 reviews in Nowra over the last 12 months.

Local market activity for 6 bedroom houses in Nowra

In the last 12 months, 4 six-bedroom houses similar to 5 Gunbar Way, have been sold.

This represents a 100% decrease in six-bedroom houses sales when compared to the previous 12 months.

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