1&2/63 Wallace Street, Nowra NSW 2541

Property Details: • Type: Block of Units

• Bedrooms: 6 • Bathrooms: 2

Description: This impressive dual-occupancy property presents a rare and versatile opportunity in the heart of Nowra. Comprising two fully self-contained three-bedroom units, this property is perfectly suited to savvy investors seeking strong rental returns, multi-generational families wanting space and independence, or owner-occupiers looking to live in one and lease the other. unit 1: - 3 bedrooms all with ceiling fans & 1 with a built-in wardrobe - updated kitchen overlooking rear yard - internal laundry/bathroom, plus direct backyard access - separate WC - carport parking - current tenant paying $400 pw unit 2: - 3 bedrooms, all with built-in wardrobes - updated kitchen, overlooking rear yard - front balcony overlooking Lyrebird Sports Park - all-in-one main bathroom - single lock-up garage - external laundry with second WC - current tenant paying $420 pw Currently returning $820 per week, with a current rental opinion of $900 per week ($450 per unit). Location: - across the road from Lyrebird Sports Park - 6 min drive to Nowra CBD - 8 min drive to Shoalhaven District Hospital  - adjoining local primary school The dual-income potential makes this property a smart addition to any investment portfolio, while its low-maintenance design ensures ease of management. Positioned in a well-established and convenient location, close to local schools, shops, medical facilities, and essential amenities, it delivers both lifestyle appeal and long-term growth potential within the thriving Shoalhaven region.