89 Park Road Nowra, NSW 2541

Triple-income property at 89 Park Road featuring three separate dwellings. Currently partially rented for $690/week, with potential earnings of $1,200/week, this is an outstanding investment that offers immediate returns and significant future potential.

Main Residence: Spacious 3-bedroom, 1-bathroom home offering comfortable family living with excellent rental appeal.
Converted Studio: Thoughtfully transformed garage now serves as a self-contained studio featuring kitchenette, bathroom, and combined living/sleeping space - perfect for young professionals or couples.
Detached Granny Flat: Fully independent 2-bedroom, 1-bathroom unit with complete kitchen facilities.

Investment Highlights:
Current rental income: $690 per week with both house and studio in a fixed term lease until November (approx. $35,880 per year or 3.9% return)

Potential rental income: approx. $63.960 per year across all three dwellings if rented separately
Main house: approx. $570/week potential
Studio: approx. $300/week potential
Granny flat: approx. $360/week potential
Potential Rental Yield = 7.1% (approx)

Location Benefits:
Shoalhaven Netball Association Complex - 750m (approx)
PCYC Shoalhaven - 250m (approx)
Nowra Private Hospital - 1km (approx)
Worrigee Sports - 1.9km (approx)
South Nowra Football Fields 1.5km (approx)
FoodWorks Worrigee - 1.6km (approx)
Shoalhaven High School - 300m (approx)
Nowra Christian School - 1.6km (approx)

This versatile property offers multiple investment strategies, live in one and rent the others, or maximize returns by renting all three units. An ideal opportunity for savvy investors seeking strong rental yields and capital growth potential. Perfect for investors, multi-generational families, or those seeking additional income streams. Get in touch with us to arrange your inspection today.