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89 Park Rd

Nowra NSW 2541

4
2
769 m²
House
Currently for sale - view listing

Overview

TRIPLE INCOME POTENTIAL

Presented by Liam Tebbutt and Caitlin Steinhour of One Agency Elite Property Group. Positioned on a generous parcel in a convenient location, this exceptional property presents a rare opportunity for investors, extended families, or those seeking multiple income streams from a single address. Comprising three separate dwellings, the property offers outstanding versatility with the potential to accommodate multiple tenancies, multi-generational living arrangements, or a combination of owner-occupation and rental income. Freshly updated throughout the main residence with new paint, carpet and hardware, the property is move-in ready while offering excellent future flexibility. The main brick residence features three well-proportioned bedrooms and a functional floorplan designed for comfortable family living. The light-filled living area seamlessly connects to the formal dining space and kitchen, creating an inviting indoor-outdoor flow with direct access to the expansive backyard. The kitchen is equipped with a chef-style oven and cooktop combination, breakfast bar seating, excellent storage solutions, and enjoys a pleasant outlook over the rear yard. Both formal and informal dining options provide flexibility for everyday living and entertaining. Adding further value is the attached self-contained studio, complete with its own external access, kitchenette, combined bedroom and living space, and a bathroom/laundry combination. Ideal for extended family, guest accommodation, a home business, or an additional rental opportunity. Privately positioned within the grounds, the detached two-bedroom granny flat offers independent living with its own bathroom and full amenities, creating a third accommodation option with strong rental appeal. The spacious backyard was previously divided to provide separate outdoor areas for each dwelling, with the option remaining to reinstate fencing should individual tenancy arrangements be desired. Whether you're looking to maximise rental returns, accommodate multiple generations under one roof, or secure a versatile investment with future growth potential, this property delivers an exceptional opportunity. Property Features -Three-bedroom main residence with fresh paint, new carpet and updated hardware throughout -Self-contained attached studio with private external access -Detached two-bedroom granny flat -Three bathrooms across the property -Main residence equipped with Centrex air conditioning -Functional kitchen with chef oven/cooktop combination and breakfast bar -Formal and informal dining options -Excellent indoor-outdoor flow to the backyard -Main bathroom with shower, bath, single vanity and separate toilet -Studio bathroom combined with laundry facilities -Expansive backyard with option to reinstate separate fenced spaces -Strong brick construction -Potential for multiple income streams -Ideal for investors, extended families or multi-generational living

Features

4 bedrooms
2 bathrooms
769 m² lot size
House

Property history for 89 Park Rd

2024
Rented
Undisclosed
Leased on 18 Nov 2024 by Ray White Nowra
2023
Rented
Undisclosed
Leased on 27 Apr 2023 by Raine & Horne - Berry
2019
Sold
Undisclosed
Private Sale/Treaty on 23 Aug 2019 by Benji Ward, of Nowra First National Real Estate

Happy sellers in Nowra

87%
87% 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 33 reviews in Nowra over the last 12 months.

Local market activity for 4 bedroom houses in Nowra

In the last 12 months, 56 four-bedroom houses similar to 89 Park Rd, have been sold.

This represents a 15% decrease in four-bedroom houses sales when compared to the previous 12 months.

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