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Back 17 Shellharbour Road
Off Market

17 Shellharbour Road

Lake Illawarra NSW 2528

8
4
4
1024 m²
Block of units
Last sold for $1,705,000
Adam McGrathAdam McGrath, last sold this property on 24 February 2026 after 27 days on market.

Overview

Exciting Opportunity For Investors - Block of 4 Two Bedroom Units

Positioned on an expansive 1,000m²+ flat block, 17 Shellharbour Road, Lake Illawarra presents a rare and exciting opportunity for investors seeking scale, flexibility, and long-term upside. This established unit complex comprises four well-proportioned two-bedroom, one-bathroom units, each offering practical layouts and supported by an undercover carport with a single space allocated for each unit. The configuration makes it ideal to hold as a set-and-forget investment, with strong rental appeal and the ability to generate multiple income streams from a single title. What truly sets this property apart is the land size and future potential. With an exceptionally generous block for this location, there is clear scope to landbank, renovate, reconfigure, or explore future redevelopment options (STCA), allowing investors to maximise returns over time rather than relying solely on today's yield. The location further underpins its investment strength. Set along a main arterial road, the property enjoys easy access to public transport, is moments from Warilla Grove Shopping Centre, close to local schools and amenities, and just a short drive to Lake Illawarra and pristine beaches in both Warilla and Windang, ensuring ongoing tenant demand. Whether you're looking to secure a long-term holding, add value, or plan for future development, this is a standout opportunity in a tightly held coastal pocket with proven growth and demand. An investor's dream with scale, income, and upside, opportunities like this are increasingly hard to find. Currently returning a combined income of $1,680.00 per week. The Auction will take place on Wednesday 25th February 2026 in our brand-new Auction House at Ray White Shellharbour City, Shop 2/18 Addison Street, Shellharbour. Registrations open from 5:00pm, with proceedings commencing promptly at 5:30pm.

Features

8 bedrooms
4 bathrooms
4 carspaces
4 carport spaces
1024 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Lake Illawarra over the last 12 months.

Property history for 17 Shellharbour Road

2026
Sold
$1,705,000
24 Feb 2026 by Adam McGrath, of Ray White Shellharbour City

Happy sellers in Lake Illawarra

92%
92% of sellers in Lake Illawarra reported that their sale price either exceeded or met their price expectations.

Lake Illawarra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Lake Illawarra over the last 12 months.

Local market activity for 8 bedroom block of units in Lake Illawarra

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lake Illawarra

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Adam D’Amato

Sellers who recommend Adam D’Amato have praised them for being local expert, friendly, clear communication and responsive

  •   4.8   (30 reviews)
  •  3 Reviews in Lake Illawarra
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Scott D'Ombrain

Scott D'Ombrain is a recommended agent for Lake Illawarra.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (42 reviews)
  •  2 Reviews in Lake Illawarra
  •  1 Sale in Lake Illawarra
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Matt Hutchinson

Sellers who recommend Matt Hutchinson have praised them for being clear communication, local expert, friendly, responsive, reliable and honest

  •   4.9   (29 reviews)
  •  1 Review in Lake Illawarra
  •  3 Sales in Lake Illawarra
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Cliff McGrath

Cliff McGrath is an award winning recommended agent for Lake Illawarra.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.9   (127 reviews)
  •  1 Review in Lake Illawarra
  •  1 Sale in Lake Illawarra
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