Bomaderry 2 Narang Road
For Sale
$2,350,000
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Uncover a Unique Investment Opportunity
Open Times
- Please contact Rachel Lea to arrange an appointment.
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Embrace the extraordinary with this exclusive 1 acre villa complex offer. Imagine owning your own complex featuring five existing villas, and the added bonus of Development Approval for two more.
Currently, all five villas are leased, generating a combined weekly income of $2,060, boasting an impressive approximate yield of 4.6%. But that's just the beginning.
These established villas, now 24 years old, present an exciting canvas for renovation and upgrades. You have the power to enhance their capital value while boosting your yield even further.
With an eye on the future, this investment doesn't stop at the existing properties. The approved expansion plans mean you can dream bigger and broaden your portfolio, securing solid returns for years to come.
Don't miss out on this exceptional opportunity, a solid investment with future expansion Contact Rachel Lea at 0417493703 for comprehensive details. It's time to turn your property investment dreams into reality or build on your existing portfolio.
Property Information
- Land area approx 4296sqm
Property Features
- Air Conditioning
- Garages 5
Local Information Bomaderry
Education
Nearest Government Schools
- Bomaderry High School
- Bomaderry Public School
- Illaroo Road Public School
- North Nowra Public School
- Havenlee School
- Nowra High School
Nearest Private Schools
- Nowra Anglican College
- Shoalhaven River College
- St Michael's Catholic Primary School
- St John the Evangelist Catholic High School
- Nowra Christian School
Local Amenities
Sport and Recreation
- Bomaderry Oval
- Thurgate Oval
- Artie Smith Oval
- West Street Oval
Parks
- Bomaderry Lions Park
- Nowra Apex Park
- Lee Park
- Rotary Park
Services
- Nowra Post Office