Vickie Stickler & Megan Liddicoat to the market 39 Albatross Road Nowra. This Blue Chip investment is available to all astute developers and investors looking to expand current portfolios.

This investment offers a block size of 2289sqm with a complex of 6 units currently returning a gross annual return of $55,380. The one title property meaning no strata fees, & total control of the complex. The unit complex offers parking on site for tenants & is strategically located close to Nowra’s CBD, Navy Base & just 3klm to Shoalhaven Campus of Wollongong University.
A Council DA & CC approved plans to expand the complex to a total of 16 innovative apartments (1 & 2 beds) designed by award winning architect. The layout takes advantage of continuing the existing income while building stage 1. All Council contributions (s94 & s64), insurance & fees have been fully paid with works commenced at rear of complex. This development has been approved under “Nattors” policy & not BASIX saving construction costs such as, water tanks, specific glass, specific doors etc. A remarkable offering with a motivated vendor, offers will be considered prior to Auction.