It's not everyday an opportunity like this comes along where you can secure such a great investment to add to your portfolio. Situated in the sort after suburb of North Nowra and only minutes walk to the North Nowra Shopping Centre, Medical Centre, North Nowra Tavern and Sharman Park playing fields. 37 McMahons Road consists of 4 separate, 2 bedroom units that are all currently leased out to long standing tenants. Each unit features an open plan kitchen, dining and living area along with 2 bedrooms and a bathroom with combined laundry.
Features include -
- solid brick and tile construction, all on 1 title
- potential subdivision into 4 strata units (STCA)
- 4 x 2 bedroom units each with a covered car space
- units vary from original condition through to renovated
- all units are in full working order with current leases
- 2 units have yard access and a shared courtyard
- close proximity to the shops, gym and medical centre
- a great investment opportunity or buy in your super fund
With the current vacancy rates still at an all time low and the Shoalhaven being one of the leading hot spots in NSW for future growth, now is your time to act. The units are all currently rented out and some are unrenovated due to long standing tenants so there's still potential to add more value down the track. Don't delay as these opportunities like this don't come along often and the owners are open to all genuine offers.