$440,000

3 Bed  •  2 Bath  •  0 Car  •  734m²

Main view of Homely house listing, 8 Morschel Avenue, North Nowra NSW 2541
Floorplan of Homely house listing, 8 Morschel Avenue, North Nowra NSW 2541
Second view of Homely house listing, 8 Morschel Avenue, North Nowra NSW 2541
+6

Sold

8 Morschel Avenue, North Nowra NSW 2541

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$440,000

  • 3
  • 2
  • 0
  • 734m²

House Sold on Thu 28 Nov, 2019

What's around Morschel Avenue

House description

“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.

Property features

airConditioning

Air Conditioning

livingAreas

Living Areas: 2

shed

Shed

solarPanels

Solar Panels

toilets

Toilets: 2

Building details

Area: 121m²

Land details

Area: 734m²

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8 Morschel Avenue, North Nowra NSW 2541
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