The South Coast is calling…
Haven Gardens is a purpose built-to-rent development in the picturesque town of Nowra on the banks of the Shoalhaven, on the South Coast of NSW.
With lifestyle and affordability major drawcards for the area, Haven Gardens has been designed with the resident in mind. Designed for people to make homes.
The 21 dwellings are a mixture of two- and three-bedroom homes, each having 2 bathrooms, secure parking, and private courtyards. The homes will be fitted with fast internet, air-conditioning, and smart home installations. All to create a better experience for both resident and investor.
A place to call home.
The Shoalhaven is one of the fastest growing areas of New South Wales and with such a backdrop, its easy to understand why.
Haven Gardens, just minutes from Nowra CBD, is still only 20 minutes from the white sandy beaches of Jervis Bay, spectacular wilderness of Kangaroo Valley and the vibrant café culture of Berry. It’s also an easy hour drive to the centre of Wollongong, and two hours to Sydney along the new freeways.
With young families, business owners looking for lifestyle and downsizers moving into the area, there is strong demand for rental properties. With 41.7% of the local population renting, there is a current vacancy rate of around 1%.
Nowra has seen a compound growth rate of 6.1% for houses and 9.3% for units over the last 5 years. With projected rents of between $350 to $410 per week for each of the homes, the gross rental yield for Haven Gardens is forecast for between 5.2 to 5.4%, with a projected capital growth of 15% during the 12-month construction program.
When you buy into Haven Gardens you are buying into the 21 homes, providing you with the opportunity for manufactured growth and greater diversity in rental income.
The Haven Gardens will be professionally managed by a dedicated asset manager with specialist expertise to improve the experience for the resident and maximise the returns for the investor.