42 Warrigal Street, Nowra NSW 2541

4-bed family home on 722m² | Larger-than-typical lot & building | No overlays simplifies due diligence | Strong rental history & yield signals This property presents a competitively strong, low-complexity family home in a core Nowra location. Its 722 square metre lot and 357 square metre building footprint are materially larger than typical recent stock, offering immediate scarcity value. The absence of bushfire, flood, or heritage overlays removes significant approval risk and insurance complexity, a clear advantage. This configuration best serves an owner-occupier seeking space or an investor targeting the established family rental market, evidenced by its previous tenancy and solid yield potential. Proceed with the understanding that the premium over the estimated value must be justified by the lot size and lack of overlays. The main risk is paying a speculative price for unverified ‘light-filled’ qualities or pool condition without a building report. The opportunity lies in securing a low-hazard, income-capable property with expansion potential under the 49% coverage rule. Acquire for long-term hold, leveraging its rental demand to support servicing while banking on its land component. Recent nearby sales provide context: 225 Parma Road, Parma (0.8km away) and 17 Claylands Drive, St Georges Basin (2km away). These comparables, on likely smaller land parcels, underscore the subject property’s scale advantage. This suggests its guide price seeks a premium for its substantial land holding and improved building area.