734m Land Bank in Blue Ribbon Location! Dual Income Opportunity!
Here is an opportunity to secure a fantastic dual income opportunity in a blue ribbon street of North Nowra.
There are two dwellings running completely independent of each other, with separate access and amenities.
The property as it stands now could suit a couple looking for a place for themselves and perhaps an in law accommodation or investment opportunity with a tenant to help pay the mortgage.
To rent both out as has been the case for the current owner, an estimated return of around $500 per week could be achieved.
Given the properties wonderful location, and considering the generous size and contour of the block, we feel this may be the perfect land bank to sit on while you decide when to build your dream home!!
Plus in the interim the rental returns will take the stress out of your holding costs while you watch the market improve and your asset appreciate over time!
This certainly is an intriguing proposition and a rare offering in today’s market. To discuss whether this property may be suitable for you or to arrange an inspection please call Murray on 0410 000 620.