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61 Wallace Street, Nowra, NSW 2541 For Sale
61 Wallace Street, Nowra, NSW 2541 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image 61 Wallace Street, Nowra, NSW 2541-Image

61 Wallace Street, Nowra, NSW 2541

Open To Offers

House
Type
4
Bedrooms
3
Bathrooms
2
Parkings
556.48 m²
Area

Published on Tuesday, September 08, 2026 ( See property details for 61 Wallace Street, Nowra, NSW 2541)

Open To Offers

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment property comprising three leased units in a convenient cul-de-sac location with excellent rental returns and future growth potential.

🏡 Property Highlights

  • Three separately leased units offering flexible rental options
  • Impressive rental return of over $980 per week
  • Located in a cul-de-sac just minutes from Nowra's CBD
  • Fully fenced yards for privacy and security
  • Close proximity to Lyrebird Park and Stockland Shopping Centre
  • Potential to live in one unit and rent out the others for income

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Outdoor Area
  • Garage / Secure Parking
  • Open-Plan Living
  • Fully fenced
  • Water tank
  • Electric cooking
  • Carport
  • Separate laundry
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61 Wallace Street
Nowra, NSW 2541
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Vertical aerial view — 61 Wallace Street
61 Wallace Street — Vertical Aerial  •  Nowra, NSW 2541  •  Nearmap © 2026

Nowra is a vibrant regional hub offering excellent amenities, parks, and shopping centres. The suburb boasts a strong rental market, convenient access to the CBD, and family-friendly outdoor spaces like Lyrebird Park. Its quiet cul-de-sac streets provide a safe environment for residents, making it an ideal location for both investors and families seeking a relaxed lifestyle.

What is the current rental income for each unit?
Unit 1 rents for $390 per week, Unit 2 for $300 per week, and Unit 3 for $290 per week.
Are there any additional costs or fees associated with the property?
Details regarding strata fees, council rates, or maintenance costs are not specified; it is recommended to inquire with the agent for comprehensive information.
What is the condition of the property and its units?
The property appears well-maintained with fully fenced yards and modern amenities, suitable for tenants and owner-occupiers alike.
Is there potential for future development or expansion?
The property’s zoning and development potential should be confirmed with local council; current use is as three separate leased units.
What are the nearby amenities and services?
The property is within walking distance to Lyrebird Park, Stockland Shopping Centre, and other local amenities, providing convenience for residents.
Are there any existing easements, covenants, or zoning restrictions affecting the property? Has the property been inspected for structural issues or pests? Are there any planned developments or construction projects nearby that could impact the property? What are the total ongoing costs, including council rates, insurance, and maintenance? Is there any history of flooding or bushfire risk in this area? Are there any restrictions on lease renewals or rent increases for the tenants? What is the condition of the roofs, plumbing, and electrical systems in each unit? Are there any upcoming repairs or renovations needed for the property? Is the property compliant with all local building codes and regulations? Are there any strata or community title considerations for this property?

61 Wallace Street, Nowra, NSW 2541 - More Details

Open To Offers

Ben Roberts from Integrity Real Estate is pleased to offer 61 Wallace Street, consisting of 3 separately leased units located within minutes of Nowra's CBD while also positioned in a cul-de-sac location. Offering a fantastic rental return of over $980 per week, you have the option to live in 1 unit and rent the other 2 out, or continue to rent out all 3 units. This investment opportunity is a must consider adding to your property portfolio.

Features include-
Unit 1 - features one large bedroom with built in robes, separate study/2nd bedroom, combined kitchen and dining with electric cooking, separate lounge room, combined bathroom and laundry with access to the rear with a fully fenced yard. Separate off street parking. Currently rented for $390 per week.

Unit 2 features one bedrooms with wardrobe, combined kitchen (electric cooking and dishwasher), dining and lounge, all-in-one bathroom with external laundry. Fully fenced backyard and carport space. Currently rent return $300 per week.

Unit 3 features one bedroom unit, combined kitchen, dining and lounge, combined bathroom (with bath) and laundry, fully fenced rear yard and carport space. Currently rented for $290 per week.

This is certainly an investment opportunity to get excited about with a total rental return of $980/week and an owner that is open to all genuine offers. The complex is also situated a short stroll from Lyrebird Park playing fields and Stockland Shopping Centre. 
Type
House
Bedrooms
4
Bathrooms
3
Parkings
2
Area
556.48 m²

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